hmm, try this
\input xy
\xyoption{all}
\unprotect
\appendtoks
\xywithoption{tips}{\let\tipsize <at> <at> \bodyfontpoint}%
\to\everybodyfont
\protect %\endinput
% \usemodule[xypic]
\starttext
\startformula
\xymatrix{
& W \ar[dr]^{f_2} [EMAIL PROTECTED]>}[d]_{f} \ar[dl]_{f_1} &&\\
X & X \times Y \ar[l]_{p_1} \ar[r]^{p_2} & Y }
\stopformula
\stoptext
btw, not sure it works;
something strange near W in your xymatrix
--
luigi
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If your question is of interest to others as well, please add an entry to the
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