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The only thing I do know about this MRU value is that it's separate for each Office 2000 program. Changing the value in Word won't affect any of the other software in the package. You have to set each of them individually.
So what does everyone do to keep a couple of dozen .docs or other file shortcuts handy? I've used a Word document list with hyperlinks to active files, but it tends to get out of date. Google desktop might work to save me prowling through my Windows Explorer when the file is not amongst the allowed nine.