I use Office '07; have tried OO a couple of times but somehow don't like the 'look-feel' of the beast... then I'm ancient & set in me ways and I probably didn't give it a fair trial blah blah blah.
I do think however that whinging about the cost (I shop carefully & selectively and have never paid the RRP for software. Ever.) is unrealistic for something I use as a primary tool Just over a quid a week amortised over a year doesn't seem excessive to me. (Tried Office 2010 beta, too, and certainly wouldn't buy it for full price when it becomes available.)
However, I agree with the gripe hinted at above. Why oh why etc has M$ insisted on the .docx, .pptx etc format in its new offerings? Someone tried to tell me it was to make it compatible with... something or other, but this makes the new default documents incombloodypatible with just about everything else in the world. Crazy. I've disabled the ...x defaults, because I actually like to communicate with people. But really!!!