Here's what it looks like when you use forum code and :
Bold? <b>html version</b>
Italics <i>html version</i>
Underline <u>html version</u>
This is a quote
This is an attributed quote
Certainly makes it more difficult to compose offline in your own word processor and then upload. That will make maintenance of card lists and such pretty difficult by the old methods.
On the plus side: You can now copy/paste things from word processors that are already in bold or italics or whatever, and it carries.
Larger words can be done.