Text will stick where it should be, which allows for wiki-like descriptions.
The image float tags are now classed as legacy code, as proper float tags have been added. Image float tags are still supported but they aren't meant to be used anymore. It probably doesn't look like anything if I don't write an awful wall of text, so this is just me filling some space.
All of these options will be available in the new editor, which is still in the works.
Combined with all sorts of other new features, we can get pretty cool looking stuff.
Tables will be properly implemented at a later point.