In case you are looking for a document-editor that is able to create and preview rich text documents with floating images in Silverlight, RadRichTextBox may be just what you need.
This feature was introduced in the latest release - Q2 2011 (2011.2 712). You can test how it works in our online demo Telerik Editor.
You can use RadRichTextBox as a viewer only, too (by setting its IsReadOnly property to true). However, you should make sure that the performance of the control is satisfactory for your application, especially if you are going to use it with larger documents.
the Telerik team
Explore the entire Telerik portfolio by downloading the Ultimate Collection trial package. Get now >>