@Ipstenu - I was just happy to quickly find a replacement to the plugin I've been using forever. It was also reassuring to find out that Quicktags API was added to WordPress and this plugin was utilizing that which gives it a little bit of future proof.

@Ryan Hellyer - I understand where you're coming from but if the API exists within WordPress already, as a theme author, why not tap into it? It's in core already, it only needs to be exposed. So which part would be the unnecessary bloat, the API or the quicktags themselves?