Digital Inspiration shares some screenshots of Live Documents, launched by an Indian startup backed by none other than Sabeer Bhatia, the guy who sold Hotmail to Microsoft.
Live Documents is an exact duplicate of Microsoft Office 2007 except that it runs in a browser. Amit Agarwal ran the flash-based beta version in Internet Explorer 7 and found that the way the web applications reacted was flawless, "way ahead of competition from existing online Office suites" to quote Amit.
Firefox versions as well as an Open Office suite version are planned as well.
The Bangalore-based company has a disclaimer on their website saying that they acknowledge the Microsoft trademarks and that Microsoft is not involved in any way in Live-documents.
As Mandy Rice-Davis would put it, "They would say that, wouldn't they".
Microsoft Office 2007 proprietary features like the dynamic ribbon, the gradient look, down to the fonts have been copied.
The Redmond behemoth has been very aggressive with regards to plagiarism and intellectual property; indeed last year, it said that it was going to license Office "look and feel", although it would be free and Techcrunch is yearning for someone to call a lawyer.
Many like Arrington's website have been dismissive of the project, pointing to basic flaws like the fact that the Livedocuments.com domain name had yet to be purchased (it is currently pointing to a parked page) and that the product has yet to be brought out of alpha, one year after it was announced.