Matt Hickey for The Daily:
In addition to an iPad-ready version, a new edition of Office is expected for OS X Lion sometime next year. The current version of the desktop package, Office 2011, officially supports iOS versions up to Snow Leopard. A Lion version, likely available via the Mac App Store, is widely expected. Windows, too, is due for an update, with Office 2012 currently in beta form.
Woo hoo!