Big changes coming to the way consumers buy Office | Microsoft Pri0 | The Seattle Times

Including 20 GB SkyDrive space and an hour of international Skype calls per month

"But this is the first time Microsoft is offering a consumer version, called Office 365 Home Premium. The cost per subscription is $8.33 a month (or $99.99 per year), which allows for it to be used on up to 5 PCs or Macs. (The Small Business Premium version $149.99 per user per year and can be used on up to 5 PCs or Macs.)
Users' documents will be stored on Microsoft's SkyDrive personal cloud storage offering by default but people can choose to store their documents, instead, on their local hard drive."

Big changes coming to the way consumers buy Office | Microsoft Pri0 | The Seattle Times