My wife is considering selling her laptop PC and replacing it with an iPad. I own an iPhone and a MBP, but I really don't know anything about the iPad and I told her I would ask her questions here. Here are a few and I'll post more if she has them. What kind of word processing capabilities does the iPad have? Does it have MS Word or will it in the future? What file format does the iPad save these documents in? Is the format compatible with Word? My wife is a college student and will be using this for school. What are some major differences between a laptop and the iPad. What are the pros and cons to having one versus the other assuming you had to pick between them? Thanks.