>How should this button be 
>labeled? "Auto-fix HTML"?
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I kind of like the idea of "compile HTML" or "render HTML". It gives the impression that your code will be both executed and tested in the process. But that's just me, and it's kind of facetious.

“Every bit of code is either naturally related to the problem at hand, or else it's an accidental side effect of the fact that you happened to solve the problem using a digital computer.”
M-J D