Yes, it\'s called Hancom word! Okay, being a little cheeky there. The only other free \"proper\" (ie. not an extended text editor) word processor is Abiword, but you\'ll have to run Xqt or flash to PdaXrom to use it (obviously, you\'d need a C7x0 to get it working right, as Abiword is a 640x480 app).
Oh, and as to timetable, none of us on the beta team no as of yet, however, at the pace of updates and bugfixes as well as the current state of the program (pretty dang solid), I would assume it isnt going to be too far off. If you do heavy/serious wordprocessing, it\'s definitely worth the price (and you might get a license to use it on an desktop linux as well, if they follow the same sale model).
Yz