@Joe[y] Thanks for lending the voice of sanity to the thread
Apologies to the general public for being so harsh with my words but I stand by all of them
I hopefully will have time later in the afternoon and will write that patch or may be a bit later!
Let us hear which tags should be allowed - my personal recommendation is (format 'tag' => 'attribute' (allowed) )
'a' => 'href', 'target'
'b' => None
'blockquote' => None
'em' => None
'i' => None
'img' => 'src', 'width', 'height', 'alt', 'title'
'strong' => None
'u' => None
Anything more needed?
P.S. the above list is taken from Flickr