Comment by jpiech

Thanks. This is just a set of features that offer better (sometimes significantly better) performance and make it possible to work with large data sets in some predictable way, that is, knowing what the performance is with 100K formulas, you should be able to estimate how it'll work with 10 millions no matter how much formatting is applied, added hyperlinks, links to external closed workbooks, lists etc. That is probably correct, in the upcoming years there might be no way to compete directly with (the standalone) Excel. Hopefully it just helps to perform or verify various things way faster than in Excel with add-ins (or often at all).