We've been though this subject in the past, but for me it's my first year without T&M and I'm happy with the results. I only wish I had set up the pricing sheets in Excel instead of Word so I could easily adjust them.
Word & Excel are compatible. You can cut & past. Do you have experiance with excel? If you want help I might be able to convert it for you. You should be able to set up multipliers so you can adjust all prices in a catigory at once.
Not only can you cut and paste between Word and Excel, you can dynamically link them together using COM linking. When I do a takeoff in Excel, the Word doc I use to submit the proposal is automatically updated from fields in the Excel sheet.