Thank you both for writing.
I would like to inform you that in Q2 2011 we have introduced a Beta version of RichTextEditor. Feel free to download the latest release and give it a try.
As always, your feedback will be appreciated.
the Telerik team
Register for the Q2 2011 What's New Webinar Week. Mark your calendar for the week starting July 18th and book your seat for a walk through of all the exciting stuff we will ship with the new release!