The problem was with the version of excel. I also have excel 2002 and the example was broken. I had to replace Value with Value2 and to replace the "Open" Invoke node and then the example was fine. Like I said, MS change the methods and properties between office versions and so the property "value", which would have been found if you had the right office version installed, wasn't found and the VI was broken.
In the same LLB where the example excel files can be found (\LabVIEW 7.0\examples\comm\ExcelExamples.llb) You can find a VI called "Get Cells Value" which does the opposite of "Set Cells Value" which is in the examples. The only difference is that the "Value" property was changed to write and that unflatten from variant was added.
Also, please have some patience. It may take some time before people see your answer or have time to answer it.
___________________
Try to take over the world!