Why don't you just include html tags in your XML, so it becomes
XHTML? You just take a couple of nodes and use them to set the
htmlText property of a textfield?
<myData>
<node type='XHTML-content'>
<p>
<ul>
<li>Bullet 1</li>
<li>Bullet 2</li>
</ul>
<p>
<br/>
<p>Some other paragraph</p>
</node>
</myData>
var myText.htmlText = xmlObject.firstChild.childNodes.toString();
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