Thank you for your feedback. We really liked it because of the concrete features that you mentioned. I have updated your Telerik points for that.
We are currently brainstorming on such an editor and all the features that you mentioned will be considered besides the last one (saving to a data base) as we do not consider it appropriate for a reusable component. Also I cannot currently give you a time-frame for the development of such a component as we are still at the brainstorming stage and we are gathering feedback from our customers. In this regard, I would like to ask the other members of our community to post as well the features that they need as this will play important role in shaping the future implementation.
the Telerik team