Google Blogoscoped is a blog which often features original tips and ideas and this is one of them: Writing a Book in Google Docs.
"Currently, my editor Brian Jepson and I are collaboratively writing the book (tentatively titled) Google Office Hacks by O'Reilly using Google Docs. I wanted to outline the process we came up with, and maybe it's helpful for you too for certain needs."
I have mentioned before that Google Docs has replaced MS Word for most of the word-processing work I do, for example, writing research proposals, study abstracts and manuscripts. There are many advantages to online storage and collaboration and benefits outweigh the risks in most cases.
Writing a Book in Google Docs. Google Blogoscoped, 01/2008.
Google Docs & Spreadsheets Could Replace Word & Excel for the Average User. Clinical Cases and Images - Blog, 10/2006.
Will Google Apps be a Game-changer for Doctor Practices? Clinical Cases and Images - Blog, 02/2007.