This is second part of a two-part article about free online editors.The first part of article can be found here
This plugin is an inline content editor to allow editing rich HTML content on the fly.
Yahoo! UI Text Editor
The Rich Text Editor is a UI control that replaces a standard HTML textarea. It allows for the rich formatting of text content, including common structural treatments like lists, formatting treatments like bold and italic text, and drag-and-drop inclusion and sizing of images. The Rich Text Editor’s Toolbar is extensible via a plugin architecture so that advanced implementations can achieve a high degree of customization.