I think cover letters are very valuable. You are drawing attention to the points in your CV that the employer wants to see.
Reason you can't store them the same as a CV is that they are supposed to be taylored to the job you are applying for.
ETA - when I was going through resumes, the ones that didn't have a cover letter showing the specific experience I was after didn't get a look in, unless I didn't have enough candidates, or was feeling generous. If you can't answer what I want in a cover letter, it makes me think you aren't really that interested in doing what I require for the job.


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I guess I'm thinking about it the wrong way, I'll start writing some kick-butt CL's and see where that gets me!
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