Convert to and from the factorial number system
APL, 39 37 characters
{A B←(9⍴10)(⌽1+⍳9)⌽⍨'!'∊⍵⋄A⊥B⊤⍎⍵~'!'}

Examples:
      {A B←(9⍴10)(⌽1+⍳9)⌽⍨'!'∊⍵⋄A⊥B⊤⍎⍵~'!'}'1234'
141120
      {A B←(9⍴10)(⌽1+⍳9)⌽⍨'!'∊⍵⋄A⊥B⊤⍎⍵~'!'}'!54321'
719