The office suite from Quickoffice is on it's way to an Android phone near you - hopefully the G1 in your hand. Quickoffice will be available soon in the Android Market for $7.99. It will provide viewing only of Word documents and Excel spreadsheets.
Quickoffice will also feature file manager for easy memory card navigation of files, renaming and deleting files, and easy sorting of documents.
We would love to have a full-featured version that includes features like creating and editing documents and spreadsheets, but maybe that will come in future versions? Is $7.99 worth the price of admission for viewing only?
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