Office 365 with CRM on premise

According to my View

CRM Online is run on the Office 365 platform, users and the CRM organization are created through the Microsoft Online Portal, meaning that CRM 2011 Online and Office 365 like Native & properly guided MSDN and other documentation available.

http://msdn.microsoft.com/en-us/library/hh670607.aspx

http://www.microsoft.com/en-us/dynamics/crm-office-365.aspx

http://msdn.microsoft.com/en-us/library/hh675418.aspx

Whereas still we can configure CRM on Premise with Office 365 with Minor deference’s and limitation (results and the benefits benefit remains the same).

http://www.layer2.de/en/community/FAQs/cloud-connector/Pages/Office-365-Integration-Dynamics-CRM.aspx

http://www.powerobjects.com/blog/2010/12/16/sharepoint-integration-in-microsoft-dynamics-crm-2011/

http://community.dynamics.com/crm/b/crmsoftwareblog/archive/2012/01/10/integrate-dynamics-crm-with-office-365-empower-your-people.aspx#.UeNM_o3-Fyw

Recommendation can be made upon current business requirement what we have with the Current Organization.

Cheers!!

AkA