It does create a very nice looking database. Problem is that Word 2010 refuses to see it as a bibliographic database. Oh well...
PS
I do realize that Calibre is doing a dandy job here and the problem seems to be more with Word. I suppose I have to create yet another macro to solve the problem, and in the end I will be even more invested in Office and will never be able to break free from the shackles of Windows and smell the freedom of Chrome or Linux.