How necessary is iWork?

I'm getting ready to make the big purchase and am wondering if iWork is really a necessity? The only thing I need is a simple word program. I don't need spreadsheets, I don't need presentations, I don't even need to put pictures in my documents. Is there some sort of word program that comes standard on the MacBook Pro? (Kinda like WordPad on a PC?) I really just need to be able to type and print letters. I just hate to buy and install the whole thing when I will only be using 1 out of 3 functions. It seems like a waste of space for me. Thanks!

You can get OpenOffice for free, and TextWrangler from Bare Bones Software is a much better text editor than the included OS X app.
OpenOffice is a good, free option to MS Office, and for that matter, the free GIMP image editing tool is a decent free alternative to PhotoShop.
www.openoffice.org
www.barebones.com/products/textwrangler/

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