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If you're a teacher, proof-reader, or just a user who regularly makes notes on Word documents,
Annotate for Word 2007 is well worth checking out. With this utility, you can quickly and easily add comments and suggestions to documents.
This add-in has both a free version and a paid pro version. If you're a power user, you may want to invest in the pro version for its additional features, but the free version is true freeware and you can use it for as long as you like without worrying about it expiring.