In this article, Jeremy Likness sets out on a quest to be able to take a simple set of text, formatted for a text block, and generate inline links.
The first step is to simply open your solution, start a new Silverlight 3 application, and get rolling with some text. The easiest way to grab text is to visit Lorem Ipsum, where you can request however much text you need and it will generate the paragraphs for you. I just grabbed a few sentences and set the width of my control to 200 so I could show the text wrapping.