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OCR works pretty well when set up correctly. If you're trying to go from printed documents, that is. And the Excel piece works fairly well, too.
That being said, you can go different routes, and do not need the full version of Acrobat as there are other OCR methods. Word '03 will do it, and just about all scanners come with OCR software. Most are decent to good, some are horrible.
It's also great if you have to scan in drawings, etc.
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