1. With Word 2007, I usually see these choices
   
2. Formatted RTF
3. Unformatted Text (strip away formatting, e.g., hyperlinkes)
4. HTML

Format (paste the web page as is)
At times other types. depending upon what and how I want it done

If I am pasting from the web, I normally use Unformatted Text, which strips the formatting from what I am pasting, so what I am pasting takes the formatting of the doc I am copying from

I use Paste Special so much I have added it to my Quick Access Toolbar