EZ Places will allow you to customize the Places in the 'Open' and 'Save As' dialog boxes across many programs at once including Microsoft Office programs. Places are the shortcut folders that you see in the Placebar (left side) portion of the Open and Save As dialog windows of many of the programs that you use. You can not only customize the Places, but you can group them and change them on the fly.
EZ Places is easy to setup and runs very efficiently in the tray where you can change whole groups of places with a right-click on the thumbtack icon and a click on the group of your choice. You can close the program at any time and you can restore the original Places at any time. This version is the first release on CNET Download.com.