Of course, you will eventually realize that even if you do not get that frenzy over the cover letter format, you will still have to pick one template to start on among many choices. Thus, it pays to know some essential points that will help in making a good cover letter.
If you want results for your efforts, then what you really need is to understand the most critical aspects of the cover letter. The format is just one aspect. There are more details that you have to take into account. The content is the most essential point you have to bank upon. You might have a very crisp paper with nice format in it but it will not be helpful if you do not indicate the skills and credentials required for a certain job position. Of course, you need to possess the same essential skills, traits and knowledge. Thus, you must evaluate first your qualifications before aiming for the brightest cover letter format.