Microsoft Office 2003 or a 2007 Microsoft Office document open with read only permissions

How many time have you tried to open an Office document from SharePoint/WSS and the document opens as read-only, irrespective of rights you have??

This is an known issue and Microsoft has a support article for the same. Hopefully this saves some people time.

Resolution and More Information:

http://support.microsoft.com/kb/870853
http://blogs.msdn.com/b/bmatusz/archive/2008/12/10/office-2003-documents-opening-as-read-only-from-moss-2007-document-libraries.aspx