Alise,
I have not pursued it thoroughly, but it doesn't impress me. I found that when I was in the Word feature to create a document I was limited to what I could do and then had to download it to my desktop to use the Word program there. Same goes for the other programs. To me you pay what $400+ for the Word software and then I believe (I could be wrong here) pay a monthly fee for the Office 365. I'm not excited and won't be using it or telling my clients about it. Maybe over time it will improve to what I'm seeking, but right now I was not impressed.
If I'm wrong, do tell me.