A nice Flex application for word processing over web has been released on http://buzzword.acrobat.com.
I spent a little time today for playing around it and found some nice features. It provide capabilities such importing a *.doc files, and successful for rendering table, enable history operation (undo, redo), and other rich text processing operations.
Other good thing about it that Adobe has a whole set of Development APIs that can be used in Flex/AIR to provide such capabilities into our applications.
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