In a way I guess I'm looking for something that merely is a less powerful backtick formatter. Currently, using backticks disables all other formatting. But if you use, say, italic-slashes you can still apply other formatting on top of it. Maybe there could be concise(!) wikitext formatter that would produce the same result as merely surrounding the things with a styled div or span. I.e so that these two would yield the same appearence (I'm winging the CSS a bit but I think the point is clear)
<span style="font-style:Monospace; background:lightgray;">Some //cool// code!</span>
££Some //cool// code!££
The ££ is just an example to illustrate something as concise as the normal wikitext formatters.
By the way... it is a bit unfortunate that //italics// use the same characters that is used for //code-comments in (most?) code. It would be nice to copy-paste code into TW and have the //code-comments be recognized and formatted differently from the code.
@Danielo - maybe the above has answered your point implicitly, but to be explicit: One should easily be able to intersperse comments and other formatting in the code. Note that it isn't really code - it is notes on code - and as such the notational aspects are important.
<:-)