Attention iPad Users!!!

[jpgr]

I just got one for Christmas and I'm still learning the ropes. One thing I'd like to do is use it for writing. I know about iCloud but everything I've written is with Word. My question is, what do you use for word processing and is it compatible with MS Word? I've been looking at Pages and it seems to fit the bill, but I just want to hear from users.

Thanks in advance!