-> Simply launch your desired application (there's no installation).
-> Your settings are stored in the 'MSOffice2007Settings' folder, delete it to start fresh.
Note: 'Delete Thumbnails' deletes all thumbnails stored in the
'MSOffice2007Settings' folder and prevents them from coming back (since they can grow to hundreds of megabytes). It must be re-applied if you delete the 'MSOffice2007Settings' folder.
Note: Excel links to files within Word, so if you rename 'Microsoft Word 2007' Excel won't open.