online word-processing

I'm not sure if anyone is really aware of this but google has launched an online word-processor which at this point is still in its beta phases, however, from playing around with it I think it can do the basics quite reliably. It also had the added benefit of collaboration, which as you can imagine is much easier done online. It is also capable of exporting/importing a wide range of file formats (very beneficial if you want to save stuff as pdf's for example). Anyway, I anticipate this will take off in a big way really soon:
http://www.writely.com/

If you have a google account you can use the beta right away.