I just posted a small update (version 0.2) to acts_as_formatted. It fixes a few bugs and adds ‘capitalize_words’. Obviously, it’s a recommended update!
Edit: 0.3 is already out! I added the possibility to call acts_as_formatted more than once on the same model, which is very useful! The project page is at http://rubyforge.org/projects/actsasformatted/. The lastest README is at http://rubyforge.org/viewvc/README?root=actsasformatted&view=markup.
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