From Mike Chapple,
Your Guide to Databases.
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The Ribbon is the biggest change in Access 2007 and the Office 2007 suite. It replaces the familiar drop-down menus (remember "File, Open"?) and toolbars with a context-sensitive interface that provides you with quick access to relevant commands.

If you're a keyboard jockey that memorized command sequences like "Alt-F, O", rest easy. Access 2007 still supports these shortcuts from earlier versions.