Yes.
Well, it has no GUI yet (console based) but that will come later. First the tough bit.
What it does is "in memory formatting". I copy the code, press a button (there will be soon a button), and then paste the C++ code(from dotnet IDE) into vBulletin. From that moment on, the code is automatically formatted the way you see above.
I am doing my best to analyze the structure of vBulletin and UBBclassis (like our clan site) so it works on both types of forums. That part doesn't seem to be so hard. Bunch of UBB tags are all the same to me

.
The most interestng part is where I add functionality to preview my own formatted lines of text (non C++ code) in an editor (like UltraEdit or Word 2000). This way I don't have to access this site all the time to use the "preview" button.
But first some excercises on parsing. It's been a while since I parsed anything...