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choster - 3:41 am on Dec 28, 2002 (gmt 0)
This I believe to be a good compromise, allowing for readability without adding excessive weight ("white matter?") to documents (for HTML e-mail, we strip out all carriage returns, tabs, and non-content spaces after the final draft is approved).
I use a "limited indent" style. Blocks are separated by carriage returns, but are only indented to represent nesting of block-level elements. Inline tags always fall inline.