Can exact forms create the word document or only print?

No, it is just an Exact form on the screen.  Not a Actual .docx file.

I do many implementations of the Juiced product called Exact Forms Plus.  It creates a .doc, .docx, or .pdf file and attaches it to your record in a file attachment field.

There is a demo button to push here here http://www.juicedtech.com/add-ons/exact-forms-plus

Hi, I'm trying to do this same thing - is this still the best/only option to be able to export an editable exact form? 

Yes, Juiced EF+ is still the best option. imho its the best option. They are the name Brand for this area.   There is no native solution but there may be competing products to Juiced that I am not fully familiar with.

Do you have an idea of what their pricing is like for this? I'm not finding anything about price on their website for this add-on. 

I think it is $40 per month per app. (per app, not per user).

Okay, thank you!