SubscribeFormat Charts Faster in Excel 2007 [quick tips]
Most of us use chart formatting options to change the way grid-lines, data series, labels, axis, titles, plot areas look. Chart formatting is one of the areas where people spend most time.
Today I want to teach you a quick productivity hack to speed up chart formatting.
In excel 2007 and above, when you click on a chart item (for eg. grid lines) and open the format dialog, you need not close the dialog to format another item like axis. You can just click on the axis and the formatting dialog changes automatically.
See the below illustration.
I have launched the formatting dialog from “data series”, but see how I can instantly switch to formatting grid-lines, axes, titles.
Bonus tip: You can launch the chart formatting dialog by pressing CTRL+1.
More excel quick tips, using excel chart templates.
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At Pointy Haired Dilbert, I have one goal, "to make you awesome in excel and charting". PHD is started in 2007 and today has 300+ articles and tutorials on using excel, making better charts. 
Nice trick Chandoo..Thanks for sharing it..
Too bad this trick doesn’t make up for the loss of F4 (Repeat Last Action).
It also stays open when you switch between separate charts. Still looking forward to the double click coming back in 2010..