As a student I have used MSWord extensively, especially considering I went to a technology magnet high school. I took notes and wrote papers in word. I used it and Excel to organize information regarding Yearbook advertising. I also used it to review Yearbook copy. My teachers used MSWord to create assignment instructions and to "legally" (totally.) copy AP practice exams.
Two eleventh grade history and language arts teachers had their students use MSWord to create newspapers about the Industrial Revolution. They worked as a team to write stories, letters to the editor, and invent something then turn it into a front and back one page newsletter. I like this example because it is a crossover of two subjects into one project. I also like the fact that it was a group project. The use of word to make a newsletter front and back with various stories and pictures also gives the students a creative outlet.
I get the feeling that I will be using the tricks we've learned through having to make a newsletter of our own. I rather like the idea of sending home a monthly newsletter to the parents as I think it will encourage their involvement in their children's learning process.