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UPDATE Feb. 27, 2006: The program is still working wonders. Every now and then, it forgets and needs to be retrained. I consider that a minon hassle for the convenience I have when I use the program. I still recomment it, and up it to 4.5 stars. I read all the horror stories about Dragon Naturally Speaking version 7, and was reluctant to purchase the product. I also read reviews about IBM ViaVoice, and was reluctant to purchase that one as well. I subsequently decided to get Dragon Naturally Speaking version 7 based purely on features available. However, my local retailer out of the product and informed me that version 8 was soon to be released. I bit the bullet last night and purchased Naturally Speaking Preferred version 8, and hoped that I would not have the same problems that many of the previous reviewers had with version 7. I opened the package, put in the CD-ROM and proceeded with the install wizard. My first attempt was a relative disaster, giving an error number 1335, explaining that there was a cab file that could not be found because: either there was a network error; or an error reading from the CD-ROM; or that there was actually a problem with the package from the vendor. I searched the CD-ROM and could not find the cab file that had been mentioned in the error message. So, I tried the installation one more time. This time it worked. My next step was to plug in the microphone and headset that came with the package. I went through the initial training of the microphone and setting sound levels, and got an indication that while the levels were not very good, they were understandable. My next trials and tribulations occurred when I was actually trying to train the program for my voice. This is when my computer started freezing and I had to keep on rebooting the computer. And then I had a brainstorm! I decided to plug the microphone into the back of the computer rather than to the microphone jack on the front of my computer. Ever since I did that, the program has been working wonderfully! The program is doing a fairly decent job of recognizing my voice after only 30 minutes of training. I did take the time to go through the 14 slide tutorial, and that may have given the program more opportunity to recognize my speech patterns. I have used it in Word Dragon Pad with success. I have had several problems with Internet Explorer since installing the program. I cannot confirm that these problems are because of Naturally Speaking since these problems were beginning after I installed service pack 2. I will caution you to either put your microphone to sleep or to turn it off when the telephone rings. I forgot to do this and had a very interesting insertion in the file I was working on at the time. Nothing like humor to lighten your day! I'm using voice recognition to create this review. Because I am new at this, I did correct errors made in voice-recognition. It was easy to do while I was dictating. Doing so gave me practice in learning how this program works, and in the voice commands available for correcting. I'm running Dragon Naturally Speaking Preferred version 8 on a Dell XPS (Pentium 4, 3Ghz, one gig of RAM), using Windows XP home for my operating system. I had previously installed Service Pack two. For now I'm using the microphone that came with the package and do not think I am experiencing adverse results. When I initially had the installation problems, I did visit ScanSoft web site's technical support. As previous reviewers have noted, there is zilch for technical support. Fortunately, by plugging the microphone into the rear of the computer, I no longer have the computer-freeze problem; so I am not in a position where I need technical support. Let's hope I never actually DO need tech support. With my limited one day's experience, I will give this product 4 stars, and will return at a later date to give an update on his review. If you are considering this product, I do say go cautiously, and heed the previous reviews which have been rated as useful by most readers of the reviews. They all have good and bad things to say about the product, and help with the overall decision-making process. But, maybe this Version 8 has fixed some of the major bugs. Keeping my fingers crossed (and hopefully my tongue NOT tied!).