Date: 2010-Mar-04, Thursday 06:17 pm (UTC)
Because Adobe and Word are never going to stop trying to own the field. Industry has no incentive to stop making you buy multiple softwares, and updates for each as often as the MBAs determine they can get away with.

In short the answer is that there is no one format that does everything you list here.

Have you looked at Open Office?
http://openconcept.ca/openoffice
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