Is WPS Office a Good Free Replacement for Microsoft Office?

Hey all! I’m looking into ditching the Microsoft Office subscription model and want a free alternative that actually handles real work documents, spreadsheets, and presentations without breaking file compatibility.

I’ve been eyeing WPS Office since it feels closer to MS Office in layout and handles .docx/.xlsx/.pptx pretty well much more so than LibreOffice for what I need. Before committing, I’d love real‑world feedback:

How reliable is WPS Office with Excel‑style spreadsheets and formulas?

Does it handle track changes, styles, and formatting cleanly with Word files?

How smooth is it when exchanging files with people using MS Office every day?

Looking for honest experiences, especially regarding compatibility and stability. Thanks!