This seems like a more verbose version of Markdown :\ Maybe the only advantage is displaying code, but everything else is either equal to or more verbose than Markdown.
EDIT: I do like the link syntax, though.
EDIT: I do like the link syntax, though.
IMHO this took minimal yet established markups from various wiki and markdown-ish syntaxes, further simplified them, finally approaching what we wanted as a "standard markdown" in the first place.