The thing is, and I've done a fair amount of research on this, that saying 'the Word was God' is highly unlikely to be what the writer intended; I think most scholars would agree that that rendering, at least in terms of Greek of the time, would create theological problems, as it could be interpreted to mean that 'ho theos' (God the Father) and the Word ('logos') were the same person, literally. This would be Sabellianism, which was always a heresy. The writer needed to define the Word's quality (theos) while simultaneously not appearing to equate the person of the Word with the person of The God, the Father, ho theos.
I'd go with 'the Word was divine' or 'the Word was a divine being'. I think 'the Word was a god', while literally accurate, does not necessarily capture what the writer of John was probably aiming for. Especially since he starts this verse with 'in the beginning the Word was' and later says that the Word was in the beginning with God. Since both entities would've existed outside of time and space, the Word has no clearly defined beginning, per se, if you ask me. His power is God's power, his person is the purest expression of God apart from the Father himself. This is pretty well established in New Testament letters.
Does that mean he is God Almighty? Not necessarily, strange as that might sound. He's far more than the JWs proclaim him to be, but John 1:1 can't be used to demonstrate that, at least not without taking all the scriptures together. The Father has put the Son as the centerpiece of his plans and directed everyone, in Jesus' own words, to honor the Son as they honor the Father. To honor the Son is to honor the Father, so either way, let's just agree that, if you're the Christian religious type (I'm not), Jesus is powerful and the key to proper worship.
'Nuff said.
--sd-7