Thanks for asking, but no. There are many good reasons why a text console program without the flashy plethora of fonts and formatting tools is valuable.
For one, it offers a clean and tight interface with absolutely no distractions. When you work in WordGrinder you write text. You don't worry about what else is happening around you on your machine and you don't worry about whether your document is as pretty as can be.
For those who plan to use their text on a web site you don't have to worry about bringing across crazy formatting tags when all you want is plain text.
Now, Linux users well know that there is no shortage of text editors already available, with vi and emacs being perennial favourites (as well as the cause of many a religious war or two!)
WordGrinder doesn't seek to replace either product - just like it won't replace OpenOffice Writer - but it does fill its own niche. It's not a general text editor but is for all intents and purposes a true word processor, just not WYSIWYG.
This means WordGrinder offers spell checking, for one thing, plus word and paragraph counts at a glance. Additionally, it does offer formatting options (eg double spacing) but not enough that you waste time setting them up.
This is because it includes more than the text alone in its save files. Options and settings and styles are saved with the document. You can export to plain text as well as HTML export and other formats.
If you write for any reason - professional author, budding author, even copy for websites - you'll find value in WordGrinder. It's clean, tiny and just lets you get the job done.
Being open source, it's free for use and distribution and fits in a tiny 6K lines of code.