I understand that creating a WYSIWYG/Rich Text Editor is an absurd thing to do given the many different, annoying things that are required to achieve cross-browser support. The project I'm currently working on, however, requires a very very simple WYSIWYG editor (three options, link, bold and italics).
My question is then, am I going to spend as much time customizing and paring down TinyMCE to fit my requirements or is the task of creating my own a fairly simple one given the fact there's only three options (and nothing like text resize or undo/redo)?
Also, is the general consensus still iFrame and designMode or are we significantly far along the HTML5 train that I can go with contentEditable?
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variable. – Rory McCrossan