I dont beleive so, however you can change that default location in Word 2003 not sur eif its the same for other versions, by going to tools, options, file locations - select user templates and click modify, you'll be able to browse to another location to set as the default.
whether this is to point to x:\goldmine\template\ or where ever is upto and this change is a local change so will be different on every pc. but the standard location is usually c:\documents and settings\user name\application data\microsoft\templates\
hope this helps.
Rob