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Ha ha ha ha ha, is it April 1st already? Now we can tell people "You should use open formats because it's good and all. Oh by the way, it will cost ya 90 bucks, but eh, you'll be free!"
Way to kill Free Software, Oracle! Next year, OpenOffice.
I mean, it's nice that they offered it free of charge for as long as they did (three years is a long time), but I would hardly accuse Oracle of being "on drugs" for this.
Unless they are going to be creating a format-compatibility war it doesn't look like it's a product with a long life or profit margin.
And if people are unwilling to upgrade to Office2007, chances are they are going to be unwilling to pay for this plugin.
The only people they can make money off of are the huge corporations that don't want to pay for the full version of Office 2007 Professional (+) for like 1,000 employees, but the few thousands for compatibility makes sense.
1,000 employees x $300 for upgrade = $300,000
1,000 employees x $ 90 for compat. = $ 90,000
Kinda makes sense (if you squint).
The question is whether the ODF/ODT format is powerful enough to ransom this way!