lino.gendoc has its own paragraph parser which replaces ReportLab's parser.
A test is a <em>test</em> and not a <em>final document</em>. A test is a <em>test</em> and not a <em>final document</em>. A test is a <em>test</em> and not a <em>final document</em>.
A test is a test and not a final document. A test is a test and not a final document. A test is a test and not a final document.
About character formatting: emphasized is same as italic.
italic, bold and bold-italic are implemented using separate fonts, while superscript simply raises the baseline.
Now the same text in underlined: italic, bold and bold-italic are implemented using separate fonts, while superscript simply raises the baseline.