The bbCodes are showed as raw code too, so instead of:
bold text
you get
[.b]bold text[./b] (Don't mind the ".")
About that strange character for return characters (line break), I don't think it's possible to put a line break in a pop-up balloon. Maybe the next release of Vb can help resolve this issue, by picking out only the first line, for example. Maybe even an option to turn that annoying thing off (I hate hover/popup thingies!

).