You know, I also tried fixing the opie-sheet situation (only I chose application/excel as the standard) and - it didn't work! Turns out it has to do with how the Documents tab works. When Opie starts or a memory card is inserted, Doctab scans the various locations for media files (see Settings > Medium Mount for options). It knows about the files it finds and can open them upon tapping. However, it seems opie-sheet only finds files for which .desktop entries exist in /root/Documents/* - and the Documents tab doesn't create those. When I created .document entries for my excel files, they appeared in opie-sheet and could be opened.
The easiest way to create a .desktop entry goes like this:
1. Go to the Documents tab
2. Choose an Excel file, tap it & hold the stylus down till a Properties dialog appears
3. Check one of the Category check-boxes and press OK
Assigning a category to a file automatically creates/updates the corresponding .desktop file in /root/Documents/*.
I wouldn't get too excited, though. Out of the two Excel files on my machine, one crashes opie-sheet and the other one has all text cells empty (numerical cells seem to be OK). I believe the "Import Excel Sheet" feature is a new one, I don't remember seeing it when I last used opie-sheet. Maybe it's a sign someone is working on the app so hopefully it will be better eventually.
As for documentation, lots of the gotchas present in OZ are signs of its general immaturity. It simply isn't settled yet and most people think bugs should be reported to developers, not documented for users