As it is, when the text is two spaces away from the edge the graphic (line of the text window rectangle) is still affected... is there any way to prevent that? There's also, presumably, no way to automatically wordwrap?
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I think what you’re describing is a behaviour (bug?) in GB Studio in the variable width font implementation. I don’t know if there is a bug report opened so maybe have a look at their github repo and create a new issue if needed. The same goes with automatic wordwrap, which is unfortunately not implemented yet.