Contrary to what the article says Word (2003) does both kerning and hyphenation. I didn't bother to read the rest of the article.
Also, while we're at it, why is paragraph spacing NOT prominently accessible from a toolbar or the ribbon? In Mac Office 2011, I can only find it in the Format Paragraph dialog box, straight from 1995, as there is no more formatting palette. It's like they are begging everybody to continue hitting Enter twice between paragraphs (you know who you are, stop it already!).
You can get kerning working in Word 2003.