It’s been a long time since I’ve seen anything really new when it comes to presenting text, but this one looks like it has a lot of potential. Here is a link to the original article (the samples below come from there):
http://www.readingonline.org/articles/art_index.asp?HREF=/articles/r_walker/
The technique described in this paper turns this:



into:

For online reading this looks like a terrific idea.
