I just published an Athlete Post and was disappointed by the lack of simple formatting and the inability to put images inline with the content.
Here is the post I published: It's Time for a Drivetrain Revolution
You can see even some simple headings and the ability to add images inline with the content would have been a huge improvement. Nothing fancy, in fact the editor on this community forum is overkill.
There is also no way to preview your post before you publish it.
A really good reference to draw inspiration from would be Github's issue editor:
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