Happy New Year, Customizrs!
Now...either I'm drunk or blind...or I've discovered a Yuletide bug!
I can't link to the page as it's offline, but imagine, if you will, an empty page with just a standard framed slider on it. Next, I place an image top-left which measures 200w x 478h. Then I enter some text, four or five paragraphs, which starts as expected,just to the right of the image, flows down the right edge of the image and then flows underneath the image. Looks just lovely. I add a bit of styling - a bit of bold text here, a word or two of coloured text there and even a hyperlink or two. Splendid. Nearly done.
Then, I click on the image to bring up the edit window and I give it an alt tag and a caption. I save and then update my page. Suddenly, my layout looks very different. My caption looks OK but someone - or something - ATE my first paragraph! It has gone. It is no more. The paragraph is an ex-paragraph.
To be honest, I haven't yet tried de-activating my plugins so it's too soon to call this a bug. But I thought I would flag it up, just in case anyone else loses paragraphs in mysterious circumstances.