I beg to differ: One paragraph per line, please. The natural lexical unit is not the sentence, but the paragraph. These three sentences belong together as a unit, and should be separated from other paragraphs by a double linefeed.
If someone wants to later break paragraphs into separate sentences for some reason, it's child's play, and that option is implicit in this formatting. But if someone wants to reassemble individual sentences into paragraphs, as anyone knows who has tried to reassemble lines into paragraphs (as with an e-mail in its delivered form), it's nearly impossible to get right.
Complete thoughts reside in paragraphs, groupings of sentences, not in the sentences. One paragraph per line, please.
http://en.wikipedia.org/wiki/Wikipedia:Dont_use_line_breaks
A quote: "Do not use manually entered hard line breaks within paragraphs when editing articles."
A long list of justifications follows in the article.