It is not a word in the dictionary but it is a word processor.
no
You have to buy Microsoft Office Word 2007 and install it into your computer.
That is a matter of personal opinion. Personally i think its way better you can do all sorts of things, like make a word 3D & do page color & all these other sorts of things you wouldn't be...
you can not update because it is different version of same application, different version is not update it is new payable version.