Added v1.0.6. Changes are in the main post.
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Added v1.0.7 with an option to define file extensions that will be considered as "true" documents (e.g. can have Author, Subject, etc).
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@errante Thank you for this wonderful script! Was tipped by @lxp on this one and it has saved me a bunch of time already! 
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Glad it works. You should try DO Meta Wizard Command too, since it's their succesor and more capable of handling these kinds of tasks.
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Thank you for this one too! Installed it straight away, looks very neat. I will definitely play around with it. Excited