It says something when people have started to use the font tools to underline the hyperlinks that they post because the blog software dosen't
There are several posts about accessibility (which is different from aesthetics) identifying hyperlinks by being in a different colour or underlined is an accessibility issue.
Do you really expect people to continue to (a) underline their own links or (b) get users to wave their cursors over all the post text to see if there is a link?