The numbered sort technique is useful when you need to carefully plot the restructuring of a long, complex document. But what if you just want to quickly move a paragraph or two up or down?
No problem. First select any paragraphs you want to move, hold down both the Shift and Alt keys and then tap either the Up Arrow or Down Arrow key as many times as needed to move the block where you want it to go.
This tip works in both Word 2007 and Word 2010. Once you've done this a few times, it will become easy to do any time you need to quickly shift some text in Word.