It would appear that most of the corporate world is still running Office 2003, which is fine - I am sure you have your reasons! But why the F*(K haven't you deployed the compatibility pack to view Office 2007 documents?
The hassle more than likely comes back to the sender (you!!) with a request to change the format of their documents, and although it isn't really my problem I have to oblige (otherwise, they may not pay my invoice).
==========RANT OVER==========
The script below will convert any Office 2007 (DOCX) files in a folder to a Office 97-2003 (DOC) format using the Office automation API.
get-childItem