This is AWESOME! So the difference is just .FormattedText vs .Text?
I guess I just jumped to conclusions after reading this post:
Different ways to apply a style to a content control - Microsoft Community
Now I see it actually says paragraph styles cannot be applied through the content control
properties dialogue, which is not to be confused with macros, right? Cool!
By the way, the point of the different colors was just to make the protected text stand out, so that I won't waste time trying to edit it, that's all.
This will work very well for me, so thanks again! I really appreciate your help.