I have been playing with the Microsoft Dynamics CRM 4.0 quote template for word mailmerge. There were some documented issues, and so I fixed them and also took care some realignment so that would make it easier to customize and use. I also had some help from David Fronk with a couple of posts about the Quote templates.
Here are two samples, one using tables which was the very devil to get the alignment right and one using two lines per item and tabs to handle the alignment:
Word 2003 XML File CRM_4_Sample_Quote_Templates.zip
Turns out the alignment trick for the table one is going to take a movie to demonstrate. More on that when I have a space moment. Hint: Look at the paragraph options for before and after spacing of the line immediately above the quote line item table!