Google Docs is a free, Web-based word processing, presentations and spreadsheets program.
Unlike desktop software, Google Docs lets people create web-based documents, presentations and spreadsheets that anyone in the group can update from his/her own computer, even at the same time.
Instead of emailing around files and having to deal with the confusion and extra work involved in managing different file versions and manually aggregating input from others, anyone in the group can edit the document online from anywhere -- all you need is a Web browser.
And, since your docs are all stored safely in Google's servers, you don't have to worry about losing data from a hard drive crash or nasty virus.
Read the entire article.
Other Resources:
20 Interesting ways to use Google Docs
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