I'm running Word XP, and since I've installed Office XP SP3 I now get a security warning when saving as text with layout. I've tried this on Win2K servers and workstations and get the same problem.
The message say:
This file needs to be saved using the Text with Layout text converter. If you are not the author of this file or if the file is not from a trusted source, using this converter may pose a security risk. Click Yes to save this file only if you are sure it is from a trusted source.
I've googled this and searched micrsoft's kb, but have found no solution, just others with the same problem!