OpenOffice or Google Docs . . . . I went with GoogleDocs because I like that you don't have to download anything. I've been using Google Docs for personal stuff for a couple years. I love being able to have access to documents on any internet computer (even in Katy now that the firewall has changed a little).
When training for marathons my husband keeps record in a GDocs document. That way even if we go out of town for the weekend he can access it and track his progress. The best part is that you stop e-mailing documents back and forth to yourself. How many times have you worked on something at home, emailed it to school, only to e-mail a newer version home again? Then you waste time trying to figure out which copy is the most updated.
This is great for students because they can smooth the transition of working at school to working at home. I'm so glad that Katy now has access to Google Docs. I also enjoy the share feature allowing multiple people to edit the same document. My sister and I were trying to plan a wedding shower and it made our lives so much easier to share a document and each update as we wet.
You do have to have an account with Google which is the only "drawback."But if it's creating an account versus downloading OpenOffice I would go with creating an account.