Layout and Styles?

Is there anyway that we can add BOLD, Italic, Underline?

Can we choose any Fonts?


I think that this will be by using some basic HTML.
there is some info below as you create content.
as you see here.
this uses cite

Blockquote content would look like this
Code like this etc.

By default there is only access to "Filtered HTML" which includes strong, cite, em and the like. Perhaps full HTML is disabled. Shall I enable it for certain content and for all users?