See the press release for more details and check it out
PressPass: What is Office Live Workspace and how does it try to help Office users?
Gregersen: Office Live Workspace is the first Office Live service for all Office users. It provides an easy way for people to save their Office documents and other files to the web, and then to share their work and collaborate with others. We think that Office Live Workspace will be important for our 500 million Office customers because it’s one of the first tightly integrated web-based sharing and collaboration services designed to give a seamless experience for Office users.
The service also responds to some of the top requests that we’ve gotten from Office customers, which require a combination of the web and great integration with Office on the desktop to really solve. The way that Office Live Workspace extends Office on the desktop is a good example of what Steve Ballmer, Bill Gates and Ray Ozzie refer to as our “software plus services” approach.