Google Apps and Microsoft's Office Live: SAAS (Software-as-a-Service)

This article from the New York Times (Oct.1/07) discusses Microsoft's Office Live application which will allow users to store, access and share documents online using Microsoft's office software that they've already purchased:
http://www.nytimes.com/2007/10/01/technology/01soft.html?ex=1348977600&en=9b6fd950b8859753&ei=5124&partner=permalink&exprod=permalink

This is the link to Office Live:
http://www.officelive.com/
Here's the link to Office Live for Small Business:
http://office.microsoft.com/en-us/officelive/FX101465131033.aspx

This article from Macworld (Sept.18/07) discusses Google's Google Apps and Google Docs service as well as Microsoft's which bundles online applications like a word processor, spreadsheet, email, calendar and instant messaging:
http://www.macworld.com/news/2007/09/18/googleapps/index.php

This is the link to Google Apps:
https://www.google.com/a/

This is the link to Google Docs:
https://www.google.com/accounts/ServiceLogin?service=writely&passive=true&continue=http%3A%2F%2Fdocs.google.com%2F&followup=http%3A%2F%2Fdocs.google.com%2F&ltmpl=homepage&nui=1