The Text & Image component allows you to display text to the right of an image with an appropriate amount of whitespace padding around the image. Large amounts of text will wrap around the image.

Text wrapping is important, because many Word document creators want to include in-line images, but square text wrapping isn't Word's go-to choice -- users have to select this forced line layout.

Google is adding a text wrapping feature for images to Docs.

Nisus Writer Express 3 is a new version of Nisus' low-priced word processing software for Mac OS X, now with floating graphics support and more.