Before purchasing Office Home & Student 2016, I had been using Word 2002, so I don't have high standards. I like that NOW, in addition to Word, I have access to Excel and PowerPoint (and OneNote, but I don't plan to use that). However, when comparing this product to Office 365 (with the subscription), one can't help but feel like they're missing out--even the graphics on the back of the card make what you're buying unappealing. I feel resentful toward Microsoft for switching to this subscription service (seemingly to make more money) and restricting the product that I bought to one computer. Since it's been so long since I've purchased an Office product, it could very well be that I'm getting a great deal for my "one-time" purchase, but the introduction of a subscription service made me seriously consider other options.
However, I gave in and did purchase this "stand alone" Office and it seems to be working normally with nice little features, so I can't complain too much. I got what I paid for, I just don't feel I'm getting the full value of my purchase price.
If you're looking to be always up-to-date, this product might not be right for you--this product does not include updates like "365". But, if you don't want to pay for a yearly/monthly subscription and do enjoy having the basic Microsoft programs, I would recommend this product.