With all the free office clones floating about, including Google’s Docs&Spreadsheets, you knew it was just a matter of time that Microsoft would have to offer something to counter. Microsoft watcher Mary Jo Foley is blogging about such a move. Apparently, the new Microsoft Works will run on an advertising supported model, and will be available as a free application when released later this year. This is not Microsoft’s first foray into free office applications, as the company released a free version, but highly restricted, of its accounting software recently. While this is not ‘official’ news, the move is not at all surprising.