I have run into the character limit several times in the formula area of a formula field. So far I have avoided the limit by removing comments, semicolons, carriage returns, and blank spaces from my script but this makes my code much less readable. It could be a potential problem for us in the future, however. Do you have any plans to lift and/or increase this character limit?
What do you mean by "character limit" ?
I figured this out. The issue will be addressed in the next release.
I was going to attach the following screenshot of the error I get but this is great news, Thanks! 