There have been persistent rumors over the last week that Google was going to release the final component of their online office application suite, a slide show application.
When I checked my feed reader this morning the news was all over the place. Then when I checked my Google Docs page this morning, I saw a new option: New Presentation.
Here's the bottom line for me: The biggest upside is the ability to collaborate with a co-worker on a deck of slides. The downside is that it is not nearly as full-featured as the "real deal" from MS. Still, it's a great addition.