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oh please, in college at least undergrad word will be fine for any/all lab reports .

however what is more important is what your profs want. sometimes you have to send electronic copies so make sure its compatible.

you simply cant go wrong with office in my opinion. iwork is "cool" but i dont trust it quite yet with compatibility

latex well i dont see the need in my opinion. equations? i just use mathcad and make images in word. that and the fact i know word and not a big fan of learning new software when i need to get stuff done keeps me an office user

just my thoughts
 
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