It's nice, but I'm more of a fan of direct inline editing on the web page via HTML5 contenteditable=true. The Aloha Editor http://aloha-editor.org does this very well. I've actually just recently added their editor to my node.js mini cms, called ContentBlocks http://contentblocks.herokuapp.com
this does exactly that, sets a div to contenteditable=true, but also binds hotkeys for common operations, extends with toolbar support, provides filereader for drag&drop.
