PhoenixTooltip simplifies and shortens gear tooltips. The main feature is shorting stats from "Equip: improves some rating by this much" to the more readable "+X rating".
From the options menu, it is also possible to hide unnecessary lines of information, like "<Made by X>", and <Shift Right Click to Socket>".
PhoenixTooltip runs just fine along side with RatingBuster, even though they both reformat the tooltip text. PhoenixTooltip reformats the lines to blizzards own shorthand notation, which RatingBuster already understand.
On rare occations it can be difficult to see if an item is enchanted or not, since the enchant text and stat text now looks exactly the same, so there is an option to change the color of the enchant text.
If you see any items that aren't formated the way they should, or have any suggestions, please don't hesitate to leave a comment.