Formatting and Images
In the top left corner you have options for fonts, font size, word style, word color and background color. There are some limitations in Buzzword, the main one being that it only supports a few fonts.

There are also options for modifying paragraph styles, and inserting images, and tables.

A unique feature of Buzzword is the way you can place images within the text. For example, in the paragraph below the image and the text are merged. I have written the text and dragged the image to the middle of the text. It’s as simple as slicing a cake.
Apart from inserting images and tables to the document you can spice up your document with other features like giving a page break at end of the pages. You can also add comments to documents and enter some special characters. This clearly indicates that buzzword can be used to create short manuals and reports.

Print
Once you have completed your document you can print it, adjusting the paper size, paper orientation and pages you want printed to suit. The short cuts are similar to Microsoft Word using Ctrl P.
Converting to PDF
PDF is like the universal file format, accepted by Macs, Linux and Windows users. It’s also handy because no one can edit a PDF document. When you save a document as a PDF file, it stays that way, which is why it’s often used for presentations, reports and invoices. In Adobe Buzzword, you can save any file as a PDF.
Bonus Features
At the bottom of the screen there are some great displays of useful information that other online word processing services don't offer.

The first one shows the history of the documents created. The next is the number of spelling errors in the document. The next number is the word count and finally the jog wheel indicates the contact with the server and the status of your document.
Sharing
In the top right corner you have access to the Sharing option. Just click Share and enter the email address of the person you want to share your document with. Here you have three roles you can assign to this person.

Co-author – A co-author can make changes, download, print or delete your document.
Reviewer – A reviewer can only read and comment on the document.
Reader – A reader can only read the document.
To view the document, the person must have an Adobe account. This is a fantastic way to collaborate with people on a project, keep a team up to date with schedules or simply share a document with someone online.
Conclusion
Compared to other online word processors, Buzzword may lack some features but it has the best user interface. Being a flash based application it takes a few seconds to insert images and to open existing documents but it is an attractive user interface. The main benefit I found was that I was able to access my documents from any PC with an Internet connection. It’s a great backup against disastrous system crashes, unexpected viruses and carrying your data around on USB devices. Apart from creating a document, you can also edit, comment, share and convert the document to PDF.

You can also view a tkGuru video about Adobe Buzzword