Sorry, I don't have a solution... although I do have the same problem. Have tried ALL settings and and actions to enable the Layout Tools with no results, i.e., the tools contine to be unselectable-greyed.
I did a FP repair with no results, have checked and posted to this group with no results, checked KB with no results, dasabled all addins with no results. Working on laptop with Windows 2K and Office 2K.
Previous FP install was 2002 with 4 funtional addinns - CodeCharge Studio, AllWebs Menu, Scripting Reference, and FP_Launch_FW (FireWorks image edit launch). I assume CodeCharge and Allwebs were not compatible as they were not enabled on upgrade to FP 2003.