It does support Word 2007 format (.docx)though and also the other open standard formats such as .odt files which are used by OpenOffice. The look and feel of the interface has also been changed to make it look like a Office 2007 application.
Frankly I never liked the new interface of Office 2007. Confusing and frustrating for people used to the earlier interface of the previous versions of Office. Hoping that they add the support for .doc files in the release version of windows. Another thing they should add is the support for pdf files. That would be perfect for the little applicaton called Wordpad.
