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Since they are in different platform, it is limited, although some features might works but that is what it is. But I hope it will be more compatible on all functions. Charlotte White of iPad case industry is also using the Office for here business too, be she wants more about it.
Another option for accessing Windows applications from iPads is Ericom AccessNow, an HTML5 RDP client that enables tablet users to connect to any RDP host, including VDI virtual desktops, Terminal Server and physical desktops and run their applications and desktops in a browser.
Ericom‘s AccessNow does not require Java, Flash, Silverlight, ActiveX, or any other underlying technology to be installed on end-user devices – an HTML5 browser is all that is required.
For more info, and to download a demo, visit:
Note: I work for Ericom
There may be other ways, but I think the one that is easiest is OnLive. It will let you run Office to your heart's content. It lets you use Windows Server 2008 R2, and for the lowest service tier, it is free. A better choice in my opinion is to pay for the $5 per month version so you can use Flash, which I think is actually quite nice to have on an iPad, at least until HTML5 supplants it.