The only text-box that seems to give much text formatting is the RichTextBox. You can make use of Bold, Colors, highlighting etc , and also select the screen position (Left, top). If you already have the text+formatting, you could make an rtf file in Word and Load it into the Box: RichTextBox1.LoadFile("c:\subdir\RichTextFile2.rtf"). Otherwise you will have to make it in code.
So instead of the limited Tooltip, you could have a fancy RichTextBox that is Visible on the MouseHover event of your control, and Visible=False for the MouseLeave event.
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