Quote:
Originally Posted by tbworld
You can already do this with the permission system. Just alter the "unregistered" user-group permissions. 
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Yup, you can give them the permission to start new threads but they don't the privilege of using WYSIWYG or even the standard editor .. it's just display the text box without any text customization or text tool editors.
http://www.vbulletin.com/forum/forum/vbulletin-4/vbulletin-4-questions-problems-and-troubleshooting/4149555