Index: wp-admin/press-this.php
===================================================================
--- wp-admin/press-this.php	(revision 12162)
+++ wp-admin/press-this.php	(working copy)
@@ -91,12 +91,13 @@
 }
 
 // Set Variables
-$title = isset($_GET['t']) ? esc_html(aposfix(stripslashes($_GET['t']))) : '';
-$selection = isset($_GET['s']) ? trim( aposfix( stripslashes($_GET['s']) ) ) : '';
+$title = isset( $_GET['t'] ) ? trim( strip_tags( aposfix( stripslashes( $_GET['t'] ) ) ) ) : '';
+$selection = isset( $_GET['s'] ) ? trim( htmlspecialchars( html_entity_decode( aposfix( stripslashes( $_GET['s'] ) ) ) ) ) : '';
 if ( ! empty($selection) ) {
 	$selection = preg_replace('/(\r?\n|\r)/', '</p><p>', $selection);
 	$selection = '<p>'.str_replace('<p></p>', '', $selection).'</p>';
 }
+
 $url = isset($_GET['u']) ? esc_url($_GET['u']) : '';
 $image = isset($_GET['i']) ? $_GET['i'] : '';
 
@@ -119,7 +120,7 @@
 			<div class="postbox">
 				<h2><label for="embed-code"><?php _e('Embed Code') ?></label></h2>
 				<div class="inside">
-					<textarea name="embed-code" id="embed-code" rows="8" cols="40"><?php echo format_to_edit($selection, true); ?></textarea>
+					<textarea name="embed-code" id="embed-code" rows="8" cols="40"><?php echo wp_htmledit_pre( $selection ); ?></textarea>
 					<p id="options"><a href="#" class="select button"><?php _e('Insert Video'); ?></a> <a href="#" class="close button"><?php _e('Cancel'); ?></a></p>
 				</div>
 			</div>
@@ -576,7 +577,7 @@
 			<div class="editor-container">
 				<textarea name="content" id="content" style="width:100%;" class="theEditor" rows="15"><?php
 					if ( $selection )
-						echo wp_richedit_pre(htmlspecialchars_decode($selection));
+						echo wp_richedit_pre($selection);
 					if ( $url ) {
 						echo '<p>';
 						if ( $selection )