Not really.......you're already willing to place html codes in your text, so it's simply a matter of beginning each one with a p or br tag.....that's no biggie.
The advantage to this setup is that, now, if you simply want to write text without any html, if you create a paragraph break by hitting the enter key, it will recognize that break and create a paragraph automatically.......the need to create paragraphs and breaks via html code is no longer necessary provided the entire text is sans html.