Box.net, one of the famous and often talk about file storage service on the internet has launched Web Documents. Web Documents is nothing but online web processor like Zoho Writer, Google Docs. It can be even called a basic html editor. The service allows you to edit, create the documents online for free.
It has all the basic features of any Word Processor like spell check, document formatting, image insertion etc. Although, it fails to introduce the ability to export the documents in various other formats like PDF, OpenOffice.Org files or even Word itself. Now, one can easily live without this as all these features are present in Zoho Writer and Box.Net has integrated Zoho Writer with its online storage service.
Although, it keeps me wondering that why exactly Box.Net is wasting its resources in building another online processor when there are tons of processors available at the moment. I think they should rather use their resources in making various applications that will help integrate desktop computers with this service.