The Wordpress Editor has some hidden Features which can be show by using the shortcut key given below.

By using the following key commands, most users will can reveal a second set of features that will enhance their post writing experience:
Windows Firefox: Alt+Shift+V (Firefox)
Windows Internet Explorer: Alt+V (Internet Explorer)
Mac OS X Firefox: Ctrl+V
Mac OS X Safari: Sorry Charlie
- Text styles
- Underline
- Full paragaph alignment
- Text coloring
- Two varieties of paste (text and Word)
- Formatting removal
- Code cleanup
- Custom character insertion
- Undo/redo
As much as I like the Editor I try not to use if for formatting. I rather code it manually in notepad.
source justsome
This is so cool… I always wanted these in the editor. Wordpress could rather have a button next to the default buttons to show n hide this toolbar.