Given the number of times people have asked for more control over text formatting (for example, the Convert Breaks option is one of much consternation; plenty of people have lobbied for more control of that feature), I certainly do not agree that the textile plugin option is "completely useless".
There are
good reasons why this feature was added to MT; don't be so quick to dismiss it just because it doesn't matter much to
you. (I've yet to use it outside of testing purposes, but I still recognize its value.)
And have you noticed the length of the
Requested Features List? (BTW, those are just the things I saw the most frequently; there were a
lot more I could have added, but I had to end the madness somewhere!

) With a list that long, there's just no way everything can be of equal priority.