Update doesn't seem to have done a huge amount. I think what Pages is good for over and above Word is designing documents where the layout and design is important. Word is infuriating with it's tendency to put a picture half a centimetre above or below where you want it to be.
What Pages needs tho, to continue in this vein of dominance, is native support for creating booklets (of the form where you fold A4 sheets in half to get A5 booklet). With 3rd party CocoaBooklet this is perfectly easy, but would be nicer if Pages supported it itself.
What Pages needs tho, to continue in this vein of dominance, is native support for creating booklets (of the form where you fold A4 sheets in half to get A5 booklet). With 3rd party CocoaBooklet this is perfectly easy, but would be nicer if Pages supported it itself.