Your surmise concerning small caps and superscripts/subscripts is correct.
Typophiles are very disparaging about small caps produced this way because
they are a different weight from the rest of the text. The next version of
Office (currently just called Office 12, its version number) will probably
ship sometime next fall. AFAIK, it does not offer OpenType support, but I
could be pleasantly surprised.

--
Suzanne S. Barnhill
Microsoft MVP (Word)
Words into Type
Fairhope, Alabama USA
Word MVP FAQ site: http://word.mvps.org
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"feline1" wrote in message
...
I was playing with Adobe InDesign CS yesterday,
now it certainly *does* support OpenType advanced typography:

If you've got some text on the page, and it's in a font which supports any
of the following features, you can do a few right-clicks and activate them
on
the selected text:

- Discretionary Ligatures
- Fraction
- Ordinal
- Swash
- Titling Alternatives
- Contextual Alternatives
- All Small Caps
- Superscript/Superior & Subscript/Inferior
- Numerator & Denominator
- Tabular Lining
- Proportional Oldstyle
- Proportional Lining
- Tabular Oldstyle
- Default Figure Style

The only ones from this list that I think Word 2003 offers for Latin text
are small caps, and superscript and subscripts:
but since it offers those for *all* fonts it has, I doubt it's doing them
via OpenType, but simply just shrinking the TrueType glyphs and
repositioning
them itself.

Oh well - when's the next edition of Word due then? :-)