Nima, that's pretty cool!
This may interest folks who need equation support as well: http://www1.chapman.edu/~jipsen/asciimath.html
If you're using Mozilla, you're ready to view the page. If you're using IE, you need the download mentioned at the top.
I have a hacked forums package that displays equations - it's about a 5 line job, you just have to load the appropriate .js on the pages where you want asciimathml parsed.
Of course, if you come up with a htmlarea-like editor, that would be far superior. :)