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I'm pretty surprised no one has mentioned Google Spreadsheets. They are all over this problem - it already has pretty close to perfect interoperability with Excel, but also includes really nice web-friendly features (eg, forms for entry, an Atom interface etc etc)

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Dose this include VBA interoperability?

From the Excel systems I have seen a lot of the business logic is coded at the VBA level. So without full VBA support you only have half the a solution.

It doesn't support VBA, but it does support Javascript...

You can also execute SQL-like queries within a Google Spreadsheet. Surprised the heck out of me when I found that out.

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