Before processing the form, the [filefield-alt] and [filefield-title] tokens are always empty.

I installed the latest 6.x-1.x-dev (2011-09-18) and I'm having the same problem described in #3 (#1177584: no longer works with Insert).

Custom formatters is outputting "blank" for tokens like: [node-type], [filefield-title], [filefield-alt].
However, it was able to output tokens like: [site-url], [filefield-description], [filefield-filepath], [filefield-imagecache-????]

Before processing the form, the ALT and TITLE are never inserted in the body. @Deciphered, Is this what you meant in #5 ?

Issue was that there was no Node object information being passed along to replace tokens with, which is due to the fact that there is no Node object until you create the node (after you've inserted the field). Not all tokens work.

It is a serious usability problem. It blocks the user worflow... :(

Resulting code:

<p><a class="colorbox colorbox-insert-image" href="/intranet/sites/default/files/tmp/casa_0.png" rel="gallery-all" title=""><img alt="" class="imagecache imagecache-post legendacinza" src="/intranet/sites/default/files/tmp/imagecache/post/casa_0.png" style="float: left;" title="" /></a>
</p>