If you need to edit text with hyperlinks, folder hierarchy, and the option to publish your edited text online, most desktop text editors would be useless. What you could use however is a web app called iNetWord.

iNetWord is a free to use online text editor that works best with Internet Explorer. The web lets you create a free account and then paste in specially formatted text or compose your own. You can insert pictures, hyperlinks, and perform numerous other features offered in editors like Microsoft Word. You can also save your documents online and maintain a folder hierarchy. If you like you can publish your texts online as a subdomain of the site and then share the URL with friends for them to read.
Features:
- A user-friendly web service.
- Lets you edit and compose text with special formatting.
- Lets you add hyperlinks and pictures.
- Lets you maintain folder hierarchy.
- Lets you publish edited text and share it.
- Similar tools: Justpaste.it, MyTextFile, DarkCopy and Goformat.
- Also read related article: How To Edit, Compile & Run Code With Online Tools.
Check out iNetWord @ www.inetword.com (by MOin from Urban Savior)