The Demo 07 conference in Palm Desert, California, appears to have been "won" by Zoho's online Notebook. Zoho's blog has a round-up of the comments on its own blog at Zoho Notebook gets a tremendous welcome. This starts with a quote from PC World which says:
it's also, in some important respects, among the most sophisticated Web-applications I've seen. It's Zoho Notebook - the latest in an every-expanding array of productivity tools from the folks at Zoho - and while it's reminiscent of Microsoft's OneNote note-taking application, I've never seen anything like it on the Web.
Zoho is in the process of building a Virtual Office online.
Robert Scoble has a brief list of What's "cool" at Demo? with links to some video demos.
