Checkbox (and radio button) fields should have user-definable limits and the text of each item in the list should wrap within the confines of those limits.
It royally sucks to have a nicely formatted table go horribly wrong when a checkbox option gets too long and throws off your ...
I guess this is more a fix than an idea, but never late then never:
If I select a color for a checkbox field it is not supported (mines become standard black)
Bold and italic is supported...