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It looks like the online Office wars will soon be heating up. With the emergence of Google Docs and Adobe Buzzword for online Word docs as well as other lesser known names like Zoho, comes a new entry from an old player. Sabeer Bhatia co-founded Hotmail has a new venture named Live Documents and it is an online competitor to the Microsoft Office suite and the good news is that like Buzzword, it is built on the Adobe Flex framework. That must really hurt in Redmond, WA