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The major difference to me is the hard returns.
This is it for me in a nutshell. I hate the hard returns. I generally save fic to my computer and either print it out or transfer it to my eBook reader. Either way, chances are I'm going to change the layout of the page and the width of the paragraphs and end up with a bunch of paragraphs that look like this:

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The fire was flickering low before them, and they
lay contentedly
watching it fade. Lois couldn't remember the last
time she'd
felt so peaceful, so content.

Cuddled close against him, she sketched idly on
his hand as it
lay across her stomach. "You know, I dreamed of
this," she
murmured absently. "Of spending the night in your
arms. At
first it was Superman I dreamed of... and then it
was Clark."
I hate having to search-and-replace all those hard returns, because inevitably they don't all get replaced properly, or things that shouldn't get replaced do, and the formatting is never quite right.

So if we could get rid of that, be it in html format or rtf or whatever, I'd be a happy campler. But obviously I'm not going to stop reading fic if we don't wink