Lotta folks have been bringing up the Rich Text Editor, a control written in ASP.NET and JavaScript that has been posted on CodePlex, Microsoft’s code-sharing site.

Kannan Sundararajan wrote the control, but Kirti Deshpande, of Microsoft’s ASP.NET AJAX Control Toolkit group, is the one who introduced it to the wide world , thanks to a blog entry called Rich Text Editor is here. The features about which he writes include Clipboard support, a context-sensitive toolbar, the ability to format text as code blocks and, crucially, emoticons.

The control was written under the MS-PL license, which is a public license. Rather than summarize the legalese, we’ll just link to the text of the MS-PL license and let you guys exercise your brains a bit.