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When designing a UI it is sometimes necessary to have text composed of indices and superscripts, e.g. R^2, chi^2, ...
Right now this can be accomplished only by using several texts in different sizes and by manually aligning these text fragments. This is quite tedious
Hence I would suggest permitting simple control sequences to automatically have text parts in superscript, subscript, italics and bold within the very same text message (possibly similar to HTML)