Yuck. As I read along, it seems MS is already rolling this back.
It would seem MS hasn't followed the security trail to it's headpoint. The simplist, absolutely guaranteed to work solution involving Office products is, just eliminate the products. Surprised that such a simple, direct approach hasn't been implemented, rather than the highly complex, minimally effective solutions that keep reducing useability of the Office suite. Guess they're headed that way, but refuse to admit it. As long as the user has creative control/development / design automation access, there'll always be ability for abuse.