This is a minor issue, but worthy of looking into. Currently when someone uses a bold tag, the cursor is placed after the tags. Ideally it should place it inside of them. I know that you can select and apply bold but this makes it easier for some users to have the cursor placed between the tags. Phpbb3 does this, so does Kunena. Even the support ticket software I'm typing this message in uses this technique. I attached two screen shots showing the difference.

Note that this happens with the other tags too, bold was just an easy example.