Buzzword: Creating buzz, very impressive!
Buzzword recently launched a web based word processor built on the Flash platform. My first impression upon signing-up was like “Oh man, this is so cool!”. I was very impressed. I think this can compete directly with Google Doc’s Document.
Using Buzzword, you can create documents, add images to your documents, ask friends or colleagues to comment on them, share and collaborate online.

Buzzword is only for documents currently. But for them to fully compete with Google Documents as well as Zoho, they should add a spreadsheet tool and one for presentations.
My overall take is that Buzzword is uber cool! I recommend it to anyone away from their own desktop.
–aj
