Composite is a chrome overlay which enables a streamlined Mozilla Editor for html composition in textareas. To use the editor, hit ctrl-e in a textarea.
Unfortunately, seamless inline editing (like WYSIWYG HTML mode in IE/Win) is apparently being held up by an internal flame war among the Mozilla developers.
Update: Danny O’Brien of NTK informs me that inline editing is absolutely going to be in Mozilla as soon as it’s ready, and that most of the flameage evident in Bugzilla is actually coming from outside the Mozilla camp. I defer to his expertise on the matter, and I stand corrected. And it’ll be kickass cool when it comes.

