While I haven't had any direct need for it yet, this is exactly what I was looking for not too long ago. I, personally, think this is a much better way of accepting formatted user input, in a comment form on a website, for example.
Much more flexible than BBCode, which is why I much prefer HTML.
Good distribution, I will certainly be using this in the future.
"This probably won't actually install, but it's cool anyway."
-- The documentation for Bundle-Everything
If that's the only reason it's there, then it's a silly waste of space.
Of course. It had to be done.