Adam-
I downloaded the latest and greatest code today. (Cuteeditor.dll has a modified date of 6/16/2005 at 1:21 PM).
Same issue exists and I think has nothing to do with the ampersands...
when I insert a relative url link, like Kingdom Kids Curriculum CD-ROM, it seems to save fine the first time, but then if I go to edit the text again, and do not touch that link, it saves it like this: Kingdom Kids Curriculum CD-ROM  (Please view source on this - and hopefully it does not do it on your server as well...)

Here is what the code looks like when viewing the code view...
First Save (this is correct and is how it SHOULD look):
<a href="http://site269.webhost4life.com/disciple/Default.aspx?tabid=35&amp;productid=212&amp;page=0">Kingdom
Kids Curriculum CD-ROM</a>

Second time saving the text:
<a href="http://site269.webhost4life.com/disciple/Default.aspx?tabid=35&amp;productid=212/disciple/Default.aspx?tabid=35/disciple/Default.aspx?tabid=35&amp;productid=212/disciple/Default.aspx?tabid=35&amp;productid=212/disciple/Default.aspx?tabid=35&amp;productid=212/disciple/Default.aspx?tabid=35&amp;productid=212&amp;page=0">Kingdom
Kids Curriculum CD-ROM</a>

Please help!