Not sure if this is an error with my site, or just something about CB, but if you use a delimiter with [something] in it, and the [something] has, for example <br> in it, the delimiter strips it. The filed looks fine by itself, but once put into a delimiter, the code is stripped. Somewhat aggravating.

Delimiter field shouldn't filter out the content, ensure the tag is acceptable within CB configuration User Profile tab for allowed tags (assuming you are showing an editor text area?). Delimiter field uses substitutions to render the content of the field as the field it self would render it (uses all the internal workings of the field it self to display it).