Google releases Powerpoint app: Presently

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. 

You can read more at TechCrunch, Mashable, Mashable again and DownloadSquad.