Okay, people need to stop complaining about the price of Office (this is a new opinion I'm formulating). Sure the upgrade price may seem a little steep compared to other software, but look at what you're getting with either version. You get a fully functional, loaded-to-the-brim word processor, spreadsheet cruncher, and presentation organizer, along with other stuff like Entourage and Encarta.
I don't see anyone complaining about the prices of Photoshop, Final Cut Pro, or Lightwave, and these all cost much more than Office. Why? Because these are professional programs, made for people who need the features that these programs come with. Office is no different. If you don't need all the flash and boondoggles of Office, then go with a cheaper alternative like Appleworks. If options like Wordart, advanced text formatting, or mindblowing charts are necessary to your line of work, then you should be able to save up and buy Office.