Microsoft's XDocs sounds very similar to the product I have been building, a bummer. Mine has other features, but XDocs will likely be bundled with Office, a real bummer.
Maybe I'll release mine on the same day as XDocs to show how Microsoft Office monopoly kills competition. Maybe I'll release mine as freeware to show how free software kills value.
Luckily, XDocs won't be released until 2003 which means I have some room for manuever. So there is an upside to FUD after all.