Choosing between Word Formats



Version: 2008
Operating System: Mac OS X 10.5 (Leopard)
Processor: Intel

I can't decide whether to save documents as .doc or .docx.

I do interchange documents frequently with people who have pc based operating systems; also, many of my documents were created on a pc based operating system.

What are the pros and cons of saving documents each way?

Thanks very much.
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