No, not Oceans 11 (we all enjoyed that!). Do you need Microsoft Office 11? Do you need it to get your job (or hobby or whatever) done every day?
This link describes what Microsoft currently says is going to be included in the product. Lots of XML-this and .NET-that — but, frankly, nothing much that gets me excited. This Office 11 looks like a 2003 upgrade cycle worth avoiding.