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Bruce Rogers, one of the giants of the United States typographic community, designed Centaur in 1914 for the Metropolitan Museum to use for titles. Subsequently, various people reworked Centaur into a text face. It cannot be disguised that, in the opinion of the writer, each version has lost some of the vigor of the version that preceded it. This version is now issued by Monotype Typography. Centaur is what is known as a Venetian face, characterized by oblique stress, minimal contrast between thick and thin strokes, the slanted bar in the e, and heavy serifs. You can stick with it for titles, but Centaur remains legible in much smaller sizes than anybody ever dreamed of. At small sizes, Centaur is like any Venetian face in that you won't be able to tell that it is Centaur.
These links will take you from the Microsoft web site to a Monotype Imaging web site. Monotype can provide many common Microsoft supplied fonts under license from Microsoft or under license from other font vendors.