Mary Jo Foley at ZD Net writes about Microsoft "Albany" and the speculation goes it's a 'ValueBox' to compete with Google Docs.
According to one source, the three Albany components are going to be Windows Live OneCare, Office Live Workspace and Office Home and Student Edition. Microsoft is referring to the bundle of three, unnamed products/services as a “ValueBox,” suggesting that Albany ultimately will be sold in a box at retail, testers said.
(According to a beta-sign-up screen shot submitted by one tester, ValueBox might be at least part of the final name for Albany. It says: “ValueBox brings together three great Microsoft products and services to meet common needs of home PC users.”)
Are they going after the OpenOffice and StarOffice crowd? It would be nice to have an affordable Office package for the home. I find a lot of people opting for the OpenOffice or Google Docs route lately.
It will be interesting to see what comes out of this project.