As a fan of OOo (Open Office.org) products, I was dismayed to see this. The debut of v2 will be delayed until at least June or July of this year.
A number of problems are detailed at the link above, including lack of developers and the large size of the code base. (Something MS Office users know well.) Also mentioned is the fact that Sun employs most of the developers (with Novell/SuSE employing some) and controlling the code base. Some of the code is very old and needs updating, too. So it's not a series of trivial problems.
I've been running the v2 beta here and can testify it has a ways to go before it approaches real usefulness. For now, I use the current production version for anything that matters.
Jack
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