As someone who is on the receiving end of CVs, here's what I like to see:
1. Not one that is obviously done by rote, completed by filling in the boxes and letting the program do the layout. I want at least some indication that the document has a little originality.
2. Short and to the point. Anything more than two pages indicates to me that the applicant is either a windbag, forever blowing his own trumpet OR (worse) has had so many jobs, it won't be worth me giving him one.
3. Material details i.e. name, address, experience and job history on the top page immediately readable without searching through most of the text.
4. Education can go on the second page and I'm not the least interested in the infants school, just senior education. Not interested in your summer student jobs either unless relevant to the employment you are seeking. Grape picking or work as a plongeur are of zero interest to me.
5. I have no interest in your hobbies and pastimes either unless relevant to the job or are illegal. In the latter case I wouldn't give you a job anyway so you wouldn't put it down.
6. Don't, whatever you do, engage one of the professional CV writing agencies. Their efforts are immediately obvious to anyone who has read more than four CVs and they indicate to me (like a DIY-with-software-help one) someone who is either incapable of independent thought, is lazy or just incapable. None of these would I want as an employee.
Sorry if that sounds harsh but I have a constant flow of CVs coming to me through the post, email, fax, personal delivery. Any that don't fulfil the above, I'm afraid don't get much more than a cursory glance.