Is it possible to include in my form a WYSIW text field ?

Is it possible to include in my form a WYSIW text field ?

When creating a form I see that one can add a single line text field or a multi line text field.

Is it possible to have a "what you see is what you get " type of text field for input ? This way I can include bullet lists, underlines, bolt, font sizes etc for my product descriptions.....Is this possible?

If not, are you guys planning to incorporate this feature ?