Just installed that into my dev site - as first I thought it was not as full-featured as I had hoped. I wanted to be able to have links. The direction of Text caused me to think I could not use links. However, with testing I find can use HTML to add links, etc. So all is good now.
Only caution would be that it you invoke this (turn it ON) you will need to have something in every field or make it blank. ON impacts all the areas, Admin footer, Store footer, email footer.
But for 10.00 bucks it's easier than having to find the code every time there is an update!
Thanks
Lee