I used the search form on my blog today to quickly try to find a link I posted some time ago, and I realized that the search results folks see aren't formatted properly because I use the Textile formatting plugin and MTEntryExcerpt ignores text formatting. Back when our only choices were "none" and "convert line breaks" this wouldn't have been an issue (a simple "convert_breaks" would do the trick)... but now that there are other formatting options available, how do I tell MTEntryExcerpt which one to use?
(Go here and search for "test" to see what I'm getting at -- the first search result should be a bunch of links.)