Pretty spiff. Spent about four six hours adding a "raw html" mode to it. Wish I could turn on syntax highlighting in this thing, but first the code, and then discussion:
var fancy_editor = new YAHOO.widget.Editor(el.id, {
animate: true,
toolbar: {
buttons: [
{group: 'stuff2', label: 'TEXT', buttons: [ ]},
{ type: 'separator' },
{group: '
(
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