I'm a small business owner (and sometime "power user") who is interested both from the point of view of my business and the multiple community groups I'm associated with.
My primary "skin in the game" is wanting to store my templates in a folder that is NOT 5 or 6 levels deep but rather somewhere 2nd level in my primary work folder THAT IS EASY TO BACK UP. (Which in my case is c:<storename>\templates - the c:<storename>
directory is the primary thing I back up along with my e-mail and personal files)
Having lost my 2 primary drives (due to data spikes from a failing motherboard) within 2 weeks of each other back in 2010 I tend to be somewhat paranoid about such things. Yes I know how to modify normal.dot (the blank default page you get when opening a
new Word document) and the Excel equivalent and have no problem with it being hidden deep but my work letterhead needs to be as accessible as possible both for everyday use and ease of backup.
Accessing the Word and Excel file locations setup is one of the most "user hostile" aspects of what is on the whole a reasonable program.