Google to add PowerPoint presently?

Is Google working on a hosted power point app? Evidence that was wiped from its site over the weekend seems to point to it. Digging around in the language files in Google Docs, US blogger lonut found the following snippet:

var MSG_VIEW_PRESENTATION="View presentation";
var MSG_PRESENTATION_SETTINGS="Presentation settings";
var MSG_DOC_TO_PRESENTATION="Convert document to presentation";
var MSG_DOC_TO_PRESENTATION_HINT="Once your document is converted to a presentation, you can insert slide breaks using Insert > Slide from the main menu.";
var MSG_PRESENTATION_TO_DOC="Convert presentation to document";
var MSG_POPUP_BLOCKER="Presently is unable to launch your presentation in full-screen mode. Check your pop-up blocker settings.";
var MSG_NEW_SLIDE_TITLE="New Slide";
var MSG_UNSUPPORTED_BROWSER="Unsupported Browser Presently doesn't support Opera and will not function properly. Would you like to continue anyway?";
var MSG_SLIDE_INDEX="Slide %1 of %2: %3";
var MSG_NEXT="Next";
var MSG_NEXT_HINT="Space, Enter, N";
var MSG_PREV="Previous";
var MSG_PREV_HINT="Backspace, Del, P";
var MSG_ZOOM_IN="Zoom in";
var MSG_ZOOM_OUT="Zoom out";
var MSG_ZOOM_RESET="Zoom reset";
var MSG_TOGGLE_AUTOFIT="Toggle AutoFit";
var MSG_PICK_THEME="Choose theme:";
var MSG_THEME_BLANK="Blank";
var MSG_THEME_GOOGLE="Google";
var MSG_THEME_LIQUID="Liquid";
var MSG_THEME_MONOCHROME="Monochrome";
var MSG_TOGGLE_TOOLBAR="Hide/show toolbar";
var MSG_EXIT_PRESENTATION="Exit presentation";
var MSG_END_OF_PRESENTATION="End of presentation. Are you sure you want to exit?";

Whether it ends up being called Presently (the word processor that started it all for Google was originaly called Writely) is neither here nor there.

What is important is that it would complete the basic triumvirate for Google Docs of word processor, spreadsheet and presentation package, making it a more complete offering along the lines of Zoho, which we reveiwed here.

You can bet that Google will be investing more in Docs as use increases; and useage will increase as more people a) learn that it is there, b) learn what it can do (Google's online spreadsheet blows Excel away for dealing with mulitple concurrent editors), and c) people inreasingly get used to trusting Google with their data.