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I always prefer iWork because OO is annoyingly slow.
I disable java and the memory drop from 78mo (rsize) to 3mo, and from 1.13go (vsize) to 510mo. It also seems snappier.
What is the drawback?
I use use Pages for any documents with graphics - I don't know how OpenOffice.org 3 does on graphics, but I have not been happy with previous versions.