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Is there any way to change a cell's font color based on its value within the cell and not use a macro?

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you mean like conditional formatting? – EBGreen Jan 5 '12 at 16:13
For what it's worth, Google Doc's Spreadsheets allow this - perhaps where you got the idea? -- Just commenting for those who haven't seen that anywhere before. – Doc Jan 5 '12 at 16:16
Removed the vba tag, since you specifically do NOT want a macro. – Joel Coehoorn Jan 5 '12 at 16:19
Pretty much every spreadsheet app that I am aware of does conditional docs, open office, excel... – EBGreen Jan 5 '12 at 16:20

Highlight your Column and then select Conditional Formatting from the Home Menu. Select Highlight COL Rules and then Greater than...

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Enter your conditions and select your color.

enter image description here

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fyi oops. I did greater than .1 but you meant .01. – kobaltz Jan 5 '12 at 16:18

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