Buzzword Presentation - online document collaboration

Just saw this presentation on that product that does the online word processing in flash. It's called Buzzword and it's make with flex components. I've seen this thing before at different presentations that have been made at various Adobe events. However, there's a presentation out that you can watch that shows the product in action. It has some pretty cool features, among those is the feature to resize and place pictures. One thing that always seems to be a pain is trying to get proper placement of pictures in a document that you're working on (especially with ms word). Maybe you've had better luck at it than i have, but Buzzword makes it look really easy to place the picture anywhere you want.

Other than that, the biggest feature is being able to collaborate on your documents in realtime with tracking and change history. try doing that on ms word.

You can check out the presentation here: http://adobedev.adobe.acrobat.com/p91904463/