OpenOffice.org 3.0 is sheduled to be released in September.
Today a beta version of the project was released with a lot of long awaited features:
Beta version for various OS can be downloaded here:
OpenOffice is one of the most important OpenSource and Free Software and it's vital part of Ubuntu.
I suggest to create a ppa repository for OpenOffice 3.0 development version in order to test it thoroughly before the final release.
Similar ppa repositories for AbiWord 2.6 and many other smaller projects have already been created for Ubuntu.