Yet another company and jumped into the ring offering a FREE alternative to Microsoft’s Office suite. IBM is now offering Lotus Symphony for free.
Lotus Symphony
http://symphony.lotus.com/software/lotus/symphony/home.jspa

Here are two other FREE choices:
Google Documents: Word Processing, Spreadsheets and now Presentations
- for light casual use with the added bonus of sharing these documents with others on-line and being able to collaborate on them
- https://docs.google.com

OpenOffice: Word Processing, Spreadsheets, Presentations, Database and more
- for 90% of us out there, this can do everything MS Office can do (for FREE)
- http://www.openoffice.org/