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Re:Pictures of kittens for use as placeholders in your desig... by leif on Monday February 28, 2011 @11:50PM (#2274319)
auctex does the rendering-inside-text part, but I don't know of one that does it for html img tags

can't be hard

Re:Pictures of kittens for use as placeholders in your desig... by limmeau on Tuesday March 01, 2011 @02:44AM (#2274686)
There's aview (ASCII-art image viewer which uses libaa); aview can render Ascii pictures to stdout.
Re:Pictures of kittens for use as placeholders in your desig... by leif on Wednesday March 02, 2011 @01:11PM (#2280498)
aview solves a different problem