MS Office's and Google Apps market share numbers say otherwise. It is only pundits who I hear complain about the many features of Office. Ordinary users are either satisfied or keep on requesting still more features for Office. E.g. I expect web collaboration and sharing will become staple features for most desktop applications in the future, and most vendors will have browser plugins that allow people to look at their apps' output files on the web, and do collaboration and sharing around them.
It really does make sense to extend the web as a public publishing platform of many forms of data, while using desktop applications to richly create and manage these publications.
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