Styles can be copied. The low-tech method you describe can often be
quickest, though.
Take a look at http://addbalance.com/word/movetotemplate.htm#Styles or
http://addbalance.com/usersguide/styles.htm#Organizer for instructions on
using the Organizer to copy styles.
See http://addbalance.com/word/movetotemplate.htm for step-by-step
instructions on moving / sharing / copying / backing-up customizations
including AutoText, AutoCorrect, keyboard assignments, toolbars, macros,
etc.

Signature
Charles Kenyon
Word New User FAQ & Web Directory: http://addbalance.com/word
Intermediate User's Guide to Microsoft Word (supplemented version of
Microsoft's Legal Users' Guide) http://addbalance.com/usersguide
See also the MVP FAQ: http://word.mvps.org/FAQs/ which is awesome!
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from my ignorance and your wisdom.
>I have set up a series of formatting Styles in a Word document and want
>them
[quoted text clipped - 9 lines]
> this
> feature yet in Word.