At ZDNet:

Microsoft said Thursday that it is making another slight delay to the planned arrival time for Office 2007, citing performance concerns with recent test versions.

The software maker now plans to finish the code for the revamped Office suite by the end of the year, rather than in October, the date it set in March. The company said in March that it would wait to start selling Office until January, to coincide with the launch of Windows Vista. Now, though, it says Office may not be ready for store shelves until "early 2007."

"Based on internal testing and the beta 2 feedback around product performance, we are revising our development schedule to deliver the 2007 system release by the end of year 2006, with broad general availability in early 2007," a Microsoft representative said in an e-mail. "Feedback on quality and performance will ultimately determine the exact dates."

It was not immediately clear how the Office delay would affect Microsoft's Vista plans or a potential joint product launch. Many outsiders have already said they expect the Windows update to also be delayed beyond January, but Microsoft has yet to acknowledge a further delay.

Read the full article here.

MTC Take: My, my... 2007 is really proving to be the "Terrible Year" for Microsoft. Between the product delays and the continued exodus of high-level executives, I wouldn't be surprised if Ballmer gets the boot.

Personally I hope Ballmer stays but I won't go into why...

Anyway, Hopefully it won't delay the Mac OS port much at all, I have been using 07 in Windows and it's pretty dang nice. No other office-like program can beat it!