I hope Microsoft does not apply the ribbon UI to all their future programs as it takes a lot of pixles and makes the menu messy and complex. The minimalistic side of me would hope for more shortcuts and _one_ place where you did settings/preferences for a program. I believe Mac OSX has done this very good with their system preferences panel and globally accessible cmd+',' shortcut in order to get to the preferences of current program.
And what is up with that background picture?