One example of how Office Live Workspace goes beyond the basics
Microsoft Office Live Workspace beta enables you to use Microsoft Office applications, such as Word, Excel, and PowerPoint, with your online workspaces. To make this integration easier, the Microsoft Office Live Add-in for Microsoft Office installs a new toolbar in Microsoft Office XP and Microsoft Office 2003 and new menu options in Microsoft Office 2007. With these tools, you can open Microsoft Office documents prepared on your computer and save them to Office Live Workspace. This integration of Microsoft Office documents with your workspaces can help you work more effectively with your friends, family, and business associates using any computer with an Internet connection.