Report: Google Spreadsheet coming

Google already has a nice word processor in the form of Writely, which it bought earlier this year.

Now, the Wall Street Journal ($$$) is reporting that Google's about to introduce a spreadsheet:

Google Inc. plans on Tuesday to release a Web-based spreadsheet application, according to people familiar with the matter.

Google Spreadsheet, which will be made available on a limited test basis, follows Google's March purchase of a company offering a Web-based word processor called Writely.

Any coincidence that this comes the week after Microsoft released beta 2 of Office 2007?

The masses still aren't able to access Writely at will, so I'm curious how "limited" this test will be.

If you want to try to register for the test, use this link: http://www.google.com/googlespreadsheets/try_out.html