When we can make templates for Google Docs?

I think this feature would differentiate Docs from other online Office suite

I use Docs a lot but... cut and paste or duplicating documents is not Google style of work. Advanced templating system will substitute invoice online systems

I'm guessing Google is going to role out a general update for Docs along with Presentations, which isn't that far away.

Google Docs & Spreadsheets & Presentations
Sounds tooo large

Google Apps can integrate all google's apps for working communities (orkut is for love & friendships)