I blog with tumblr (http://blog.amir.rachum.com) and HTML is the only viable option I see there. Yeah, I probably need to change my venue :)
In any case, this project (as stated in the footer) is more of an experience for me. I don't expect this to revolutionize anything. Just a nice tool which I personally need.
I don't see why you feel a need to call it useless, just because it doesn't apply to markdown.