[1] sounds somewhere related and more complicated than what I was asking for. I would think that it would need to wrap bulleted lists in a sane way in addition to what I asked for here.

Also, [1] seems to apply to the option help text, where this request applies to the prolog and epilog. Although, it really makes sense to me for the formatter to format all the text bits similarly.

[1]http://bugs.python.org/issue12806