Andre Guirard presents a class for creating rich-text reports and displaying them in a few different ways. It includes code to deal with the problem of paragraphs getting too long, and conversely, the problem of having too many paragraphs.

Basically, when you want to have a line break in your report, the class only starts a new paragraph if you specify it has to. Otherwise it uses line break, unless the paragraph is getting too long, in which case it starts a new paragraph.