If you look at the interface of 2007 it looks rather vibrant and vast. The need for going into options for doing any action is very limited as all options are available in the toolbar right from formatting of cells to removing gridlines.Also all those who are used to 2003 shortcuts need not worry. Excel 2007 has the capability of working on 2003 shortcuts and it clearly states that you are using a 2003 shortcut
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