I think the codebase was originally either a Freshmeat or Sourceforge project but you are right. It is not now, obviously.
And you grasp the value picture precisely: Google wishes to capture an ever increasing presence by delivering a full suite of office type products over the web & Microsoft owns the desktop and has every reason to want to continue to do so. Built in value equation.
And did you see that IBM is GIVING away their Lotus spreadsheet for free? It was in IBD last week. They have surrendered the desktop to Microsoft. Free!?! Free.
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