This was mentioned before by Joerg news: snipped-for-privacy@o6g2000hsd.googlegroups.com
and by JT.
With Microsoft having gotten an ISO certification[1] for OOXML (via bribes, ballot box stuffing, and corruption of other sorts), it appears we are going to have to deal with this monstrosity.
OpenOffice.org 3.0 (slated for release in September 2008) will have support for OOXML (well, as best that M$ pseudo-standard can be deciphered).
In the meantime, if you have idiots sending you crap in these formats (.DOCX, .XLSX, .PPTX, etc.), a pre-release version is available: