Just installed this plugin... What a great idea!
The only problem is that the visual editor is not working. It just shows a box with no visual buttons (e.g., bold, underline, ...). I checked the options and the box is checked to allow the rich editor. Out of curiosity I clicked on HTML in the editor and the content area collapses. Then I can't get anything back until I leave the page and come back (e.g., by pressing Post Template again).
If I turn off the rich editor in the post-template options, things seem to work ok, e.g., I can write up posts using HTML. But this doesn't give me the option of creating templates by the visual editor.
I'm running 2.6.
Is anyone else having this problem?