Thanks for the feedback. I agree that syncing TeamPulse rich text to TFS is a much needed feature and I have added a vote for you (and Daniel) to it.
And just to provide a little more detail, there are a couple issues with sycning rich text to TFS. The first one is that not all fields in TFS support rich text. For instance, the "description" field for most work item types is stored as plain text. It will not be possible to sync TeamPulse rich text to plaint text or string fields. The only fields we'd be able to sync rich text to are fields whose type is set to "html" in the work item type definition.
The second issue is that TFS's rich text capabilities are somewhat limited compared to what TeamPulse can do. For the most part this won't be a problem though as usually it's just simple formatting that is required (i.e. bullet points, bold, font colour, hyperlinks, etc.)
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