Just like webgraphics, I too am exited about the new text formatting options out there. Brad gives us MT-Textile, which I adapted to a system I’m working on pretty darn quickly. Brad says he’ll generalize it away from MT and put it on CPAN soon. Also on the radar is Tiki which I haven’t look at yet, but you can bet I will.
The cool thing about this is, you may be able to add the new Movable Type Simple and Powerful Text Formatting feature to any home-brew system quite easily…