It was a lot of fun editing the Declaration of Independence and I can some really useful applications for tools such as these. I preferred Google Docs primarily because I couldn't access the document to be edited in Zoho. I'm also more familiar with Google aps.
The University of Minnesota, Morris along with the rest of the campus system, utilizes a file sharing program called NetFiles. Because of this Google Docs won't see too much use from me, at least in terms of file sharing and Web storage.
Here's a spreadsheet from Google Docs I created last year when we were trying out different IM options for the reference desk.