The other day I was blogging and I wanted to insert a photo that already was online and I had the URL for it. I was wondering if in Word I could insert a <img> tag so that I could easily link to the photo. Well I found that you can do this in Word 2007 with their blogging feature!
Go to Insert-->Picture and then paste in the URL but before you click Insert click the little drop down on the right-hand side and choose "Link to File" just like this:
Now when you post this you will have a link to the original image! Nice work all!