Just to follow up on my own question:
I contacted Admissions over at Albany, and it turns out that they actually use paper files for each candidate to build each admission application file. If I applied electronically, they said that they would just print out the application, and insert it into the paper file. I asked if anyone retypes anything, and she said that they don't, as it would be too time consuming. To preserve the visual presentation of the material I'm planning on submitting, she indicated that submitting everything via paper would be the way to go. Of course, I would save $5. by applying online - apparently the only tangible benefit of this process
Granted that this won't help increase my acceptance advantages as far as my numbers are concerned, I do think that a nicely formatted document is more preferable to the eye than a block of text in default Courier font. I guess this is the way I'm going to go.
I understand that this information may be specific to Albany, so I'm sure that the earlier comments are true for other schools. I guess calling them is ultimately the only real way to find out.
I appreciate everyone's help!