Hi Rick El-Darwish,
What I suggest you to do is try the ASP.NET AJAX version of the control. You can get a fully functional trial version. The latest one is RadEditor for MOSS 5.4.8. In order to upgrade to it follow the instructions in the following online help article: Upgrade Instructions from version 4.x to version 5.x
Also you can find helpful information in the following two help articles:
the Telerik team
Check out Telerik Trainer
, the state of the art learning tool for Telerik products.