Sure, Office has shortcomings, but let's keep things in perspective. For the intended user-base (Office / Business people) you don't need page layout down to the millimeter. If something shifts slightly, it's likely to make no difference. The same with "large documents". I've worked with 200-300 page files full of graphics without issues.
IF you are expecting Word to really be a hybrid of the features in Word + Adobe Indesign then I think you answered your own question. Buy the right tools for the job and do the job right.
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