I'm a big fan of template use. They do save so much time, especially when you use templates for the big stuff like stored procedures. However, since I store all my procs, functions, views, etc. in MS Word documents, I use MS Word templates for my personal on-going use. It works great.

Here's a thought: One plus a Word template would have over SSMS would be that they can be stored on shared drives and used by a team instead of just one person.

Just sharing in case someone else is curious how that option works.