> I would like to vertically shift the placement of figures
> (\placefigure[right]...), so that the upper side of the figure would
> be aligned with the top of the first line in a paragraph as opposed to
> the bottom [of the first line?] of the first paragraph.
Ah, I can finally answer a question. The key is "high":
\starttext
\hrule
\placefigure[right,high]{Caption}{\framed[width=5cm,height=4cm]{}}
\input knuth
\stoptext
But that seems too easy. Is it what you want?
-Sanjoy
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