I emailed Customer Support about the editing problems and also about the slow page loading. This was their response:
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Sorry about that-- there was a bug in some new security code we added. It should be possible to edit posts again now.
I can't think of any reason the new comment page would be served more slowly by our servers than any other-- if might have to do with the advanced editor, which is an ActiveX component your browser needs to launch. You could try disabling the editor-- that might help.
Cheers, Sparklit Support
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Please let me know if you still have problems editing or any other problems that you see arise.