rvanderarend
Projectional editors can of course show the model as text and in other formats as well, like boxes-and-lines. You wouldn't be able to permanently place them in any specific spot then, so moving them around would at most be supported during a viewing session.
We concluded that for serious modeling, 80% or more of what one does is giving names to concepts, leading to the usage of a lot of text any way. And that boxes-and-lines introduces a lot of 'clutter' which is probably meaningful, but not in a strict enough way to do anything useful with it: x/y coordinates of boxes and lines.
That's next to there being a lot of tooling available when going text based (editors, versioning, etc), which is more of an added bonus in the short run.
In the end, we will probably evolve in the direction of using a projectional editor, making it possible to have some boxes-and-lines modeling environment as well.