For a long time, I didn't think it was possible to have a Shape (e.g., Text Box) have a value set by formula, but it turns out you can. Similarly, it appears that you can't apply conditional formatting to Shapes (the option is grayed out in the Ribbon in Excel 2007); is there some secret way to work around this graying out, and apply conditional formatting to a Shape? In case the answer is different for different types of Shapes or formats, I'm specifically trying to conditionally apply different colors to a rectangle.
And the reason I want to do this at all is because we can't use macros for this specific case.