How about taking the fancy table formatting ( i mean < ^ > ) to pictures ?
 
[<pic.png] text floates at right i.e. picture is going to the left side
[>pic.png] text floates at left i.e picture is going to the right side
[^pic.png] no text arround picture i.e picture is going in the middle
The picture [pic.png] where it is
 
 
 
 
What do you think ?
 
Thomas