I hesitate to debate this with one of the Zen masters, but my experience is not quite what you describe. But perhaps this is a "Who's on first" kind of discussion. In any case, I will plunge on...
Selecting the Define Pages Editor, and with Text Editor set to Plain text, if I enter & inside a URL and then save the file, when I reopen that file for further editing, the & has been changed to a simple & character. This will generate an error in the resulting rendered page if I check its syntax, so I have to remember to change the & back to & every time. (The image on the main page of both my sites is manually changed every once in a while in exactly this way.)
But I guess we're well off topic now. Just thought I'd clarify what I was saying above.
Rob
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