Girouard is no low-level functionary --- he is one of only four presidents at Google, including Larry Page and Sergey Brin. As head of the enteprise division, he's at the forefront of where Google sees its growth. So when he talks, it means something serious.
In an interview with ZDNet Asia, he admitted that Google Docs is "much less mature" than either GMail or Google Calender. He then said, "We know it. We wouldn't ask people to get rid of Microsoft Office and use Google Docs because it is not mature yet."
I certainly agree with him. Google Docs doesn't have nearly the same feature set as Microsoft Office. Howevever, he says that will change in the next year, because Google will have somewhere between 30 and 50 updates to Google Docs, to improve performance as well as features.
After that, he says, Google will be powerful enough to handle the "vast majority's needs." He believes that Office is "an overkill tool for most people." Read between the lines, and that means that Google Docs, even in a year, won't have the same capabilities as Microsoft Office.
Microsoft, of course, isn't sitting still, and is developing a Web-based version of Office to compete against Google Docs. It should prove to be an interesting year, and a good one for anyone interested in Office suites.