Yes, this does look like html in another cloth. I learnt about this from here: https://nofluffjuststuff.com/blog/douglas_crockford/2007/06/...
Compare:
<strong>important</strong>
with: @strong{important}
It looks like some characters saved here. I don't know how much savings would be in the long run.For big sections, one could use @begin{blah} content here @end{blah}.
It looks a bit plesant in my eyes (than html). And only _one_ special character @, which is repeated twice to escape it.