It is still quite far behind the native version, every time I think I can do everything on the Web version, as soon as I need some advanced formating on Word/Powerpoint, or more powerfull expressions on Excel, I end up downloading and further editing on the native version.
Google Docs is okayish if all I need is Office 97/Works kind of experience, Office 365 I would probably place it around Office 2013.
Google Docs is okayish if all I need is Office 97/Works kind of experience, Office 365 I would probably place it around Office 2013.