When we released the current text editor we said that the functionality was improved but that we'd continue to work on it gradually.
In a couple of hours we'll be releasing an upgrade to the editor and it will look like this;
This is a sleek new design that will allow you to write your content in the format it will appear when it's published. No more flicking between "preview" and editing!
We've also hidden a few of the lesser used icons behind the ellipses button;
All the functions that you've been using are still here but they've been consolidated to make your life easier.
Please let me know if you have any questions firstname.lastname@example.org