Ask HN: Is HN going to get better formatting?

Is there any plan to alter the current text formatting options available on HN to maybe include things like links, lists, and similar?

HN does support some things: http://news.ycombinator.com/formatdoc

But unfortunately I've been really spoilt by Reddit's markdown engine in particular but also would be happy with just as I said in-line links and lists.

Also while we are talking about this, do people feel that adding more functionality would be either positive or negative to the community?