Microsoft Office Home & Student
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Full user review
"Better than OpenOffice.org"
If you make corrections to hyperlinks in Word documents there are no problems with Office 2007 in the contrary to OpenOffice.org where the old hyperlink keeps popping up no matter what you try. Updates will be delivered by Microsoft Updates.
Office 2007 Home & Student is not free, OpenOffice.org is free.
It depends on what you do when making for instance Word documents, but I think Office 2007 Home & Student is worth the money and has my preference to OpenOffice.org.