Has anyone done much coding with the Microsoft
DHTML Editing Component? You already have it if you've got IE5 installed under Windows. It seemed like it might be a good text-editing engine to start with if you were going to write a little outliner on the side with MORE-type functionality :-)

I've used it extensively both in a VB application and on an HTML web page. It's a fairly solid tool for creating decent looking HTML pages--including pages that mix absolutely- and relatively-positioned objects. The HTML it outputs is of the crazy Microsoft Office/FrontPage variety, full of closing "" tags and other oddities like the "" combos, but on the whole it's usable. The key thing to remember as a developer is to always query the control ready status to make sure that it is willing to execute a command before you actually issue a command. Otherwise bad things happen.