Pros Several pricing options to choose from, 365 offers the full Office experience with some extra goodies for subscribers, simple and effective interface, touch friendly, cool new features across all Office apps
Cons None that I can think of
Summary I use Office for home and business uses. I'm not a power user, but I have a decent competency with the suite of software. Office 2013 as both a disc and cloud-based option is incredible. I started using it on my Surface RT (which is a little limited in comparison but still a good comparison to the full deal) and have loved it. The 365 option is what puts it over the top for me. $99 a year (or $9.99 a month if you'd rather) gives you Office on up to 5 machines whether you're running Mac or Windows OS. That's a deal maker and an incredible move by Microsoft to support their customer base regardless of platform. While the Mac version doesn't include ALL of the apps, there's plans to release them in the coming year. What you can get with the Home Premium package would cost you $500 with Office 2010 Professional, but you get the cloud-support, 20GB extra of Skydrive storage, and Skype minutes to boot. Not only that, the 2010 Professional package gave only 2 licenses, where (again) this new 365 Home Premium package offers 5 licenses and is cross-platform. I mean, if you can't get on board with this, I don't know what you're looking for. A fantastic deal, worth every penny, and even some of these new features (Sparklines in Excel, Presenter View in Powerpoint) are pretty nifty.
Pros Graphics: beautiful.
Easy to use/
Works great full screen.
Is good for reading documents, not just editing.
All the great VBA features of past Office editions.
It beats the pants off of Google Docs.
PowerPoint has a new, better presentation mode.
Cons None that I have found in several months of use.
Summary Office 2013 is the best version of Office yet. Never have I used such an enjoyable office suite. And compared to the "free" Google Docs, you save lots of aggravation by paying for Office 2013, which runs smoother, functions better, is more reliable, and now even has online availability! There's no contest: Office 2013 is a winner!
Pros More oriented toward social networking and cloud computing.
Integrates all your devices better
Cons More to get used to - again
Summary I have never been one to shy away from learning new things so this new Office does not bother me. I am working with both Office 2013 and Office 360 which is really a nice addition to the family. I don't care what iPhone lovers say; these two products beat anything Apple has out there in spades. I'm using Office 2013 on my desktop and my Windows Phone and together they make beautiful music!
Pros Finally I am able to get the same subscription based pricing I use at my work! And the ablilty to use it on 5 computers at the same time is icing one the preverbial cake.
Cons None subscription based pricing is high
Summary Overall a well polished software suite.
Pros Cleaner interface
Polished for productivity
Cons Not free, but who wants ads?
Summary Well worth the investment for home and professional users.