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You can also create a slideshow in the desktop version and then publish it to the web version to access it via the browser. This feature can also be used on a mobile phone’s browser. Once they click the link, they will see the slideshow within the browser.

To share a deck with other users, you send an email to individuals with a link. Here’s what the video editing tools look like in PowerPoint: So if you create a slideshow in PowerPoint, you can share it with other people in real-time (which can be run on top of Sharepoint).

Microsoft has also added the ability for users to launch a WebEx-like live sharing feature with other users. Users now have the capability of editing video and images within PowerPoint with a basic video editing tool (not so different from the capabilities of iMovie) and an image editing tool, which is like a basic, simple version of Adobe Photoshop. PowerPoint has been upgraded not only with a new browser version, but also a slew of bells and whistles have been added to the desktop version.

All based in the cloud, the web-based versions of these products have fewer features than their desktop cousins but still give users basic tools to edit and change documents. Most certainly a direct response to Google Apps, Microsoft is rolling out lightweight, FREE, Web browser versions of Word, PowerPoint, Excel and OneNote. Here’s a complete breakdown of all the functionality that has been added, including screenshots: We had the opportunity to see an in-depth demo of the new suite of products from Microsoft’s Group Product Manager for Office 2010, Chris Bryant. With the release of Office 2010, SharePoint Server 2010 and Visio 2010, we finally see the implementation of Microsoft Chief Software Architect Ray Ozzie’s mantra. Facing potential challenges from Google’s browser-based Apps products and its new Chrome OS, Microsoft has been touting its three screens strategy, which is the ability for products to synchronize across the phone, browser, and desktop, for some time now. There’s even a mini-movie about its debut.

The web has been abuzz the past few weeks with chatter about Microsoft’s announcement today at its Worldwide Partner Conference in New Orleans about the new version of Microsoft Office 2010.