iWork 2006 includes two pieces of software: one that does word processing and page layout, and another that does presentations. I hardly ever use the presentation software, but the word processor alone was worth the price. This is easy to use software that will get you working in no time. I guarantee your productivity will go up when you run iWork. I highly recommend it, and since there's a newer version (that offers spreadsheet software), you'll save quite a lot.
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