Thanks Steve. This Microsoft product will be released the same day as it's big sibling, Office XP. It will be an add on to the suite available for $24.99. Here is a description:

Microsoft Office Personal Portfolio extends Office 97, 2000, and XP for personal and home use. Everyone in the family will benefit from this easy-to-use application. Choose from 600 high-quality, fully customizable templates centered on your family, career, school, and community. Templates include 300 Word templates, 120 Excel templates, 90 PowerPoint templates, and 90 Outlook stationeries.

With the help of the new Personal Portfolio add-on pack, you can utilize Office to handle your household organization and creative projects. Personal Portfolio has an easy interface that makes finding that perfect template simple, so you can get the project done quickly. Personal Portfolio templates work with older versions of Microsoft Office--they are compatible with Office 97, Office 2000, and Office XP. Templates focus on household productivity such as party planners, grocery lists, caregiver instructions, chore and errand lists, and home inventories. Create fax sheets, resum�s, photo slides shows, reports, and more. Design newsletters, stationery, certificates, presentations, and awards. Additionally, students can get help with reports, grade tracking, and presentations with custom templates designed especially for them.