Excerpt is being double-escaped
|Reported by:||Viper007Bond||Owned by:|
If you use HTML inside of the excerpt box in the admin area and then save the post, it will show up in the textarea being double-escaped. This is because $post->post_excerpt is already being escaped elsewhere (sanitize_post() or whatever, I don't have time at the moment to track it down).
The solution is to not use esc_textarea() in this particular case.