The problem with this is that it does not quote < and & properly. This isn't normaly a problem, because PM allows you to use < many places, escaping it itself, and browsers will display &foo; as such if "foo" is not a known escape. (It's important to note that the former is an explicit action of PM, to allow people to right $x<42, <g> and other similar things without additional effort, whereas the later is a normal part of rendering HTML, so even when a UA recives an entity that it does not know, the user has a chance to guess at what it means from the mnemonic name.
However, try writing a block quote of & <b>this should not be bold</b>
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Posts may use any of the Perl Monks Approved HTML tags. Currently these include the following:
<code> <a> <b> <big>
<blockquote> <br /> <dd>
<dl> <dt> <em> <font>
<h1> <h2> <h3> <h4>
<h5> <h6> <hr /> <i>
<li> <nbsp> <ol> <p>
<small> <strike> <strong>
<sub> <sup> <table>
<td> <th> <tr> <tt>
Snippets of code should be wrapped in
<code> tags not
<pre> tags. In fact, <pre>
tags should generally be avoided. If they must
be used, extreme care should be
taken to ensure that their contents do not
have long lines (<70 chars), in order to prevent
horizontal scrolling (and possible janitor
Want more info? How to link
or How to display code and escape characters
are good places to start.