What are Microformats?
Microformats are an unofficial solution to creating small, simple, standardized solutions based on existing practices. The philosophy seems to be paying off, as rel-nofollow is supported not only by many CMS applications but also google, hcard is supported in Apple’s Mail application, “hReview”: is used in 3 Yahoo! webservices, etc. xoxo is an html outline specification similar to textile and markdown.
The Web Standards Project Dreamweaver Task Force has put together a beta plugin for Dreamweaver 8 (and theoretically MX).