Quote Float, 2
This page shows a syntactically valid way to include a pull quote in the middle of a paragraph, so that it begins a few lines down in the paragraph.
"Holy freaking woodness, my groin exploded!"
The example quote begins in the middle of this paragraph, next to this sentence. Note that the element used to describe the quote MUST be syntactically valid in the paragraph context. If you use an element like <blockquote> (which is not legal inside of a paragraph) most browsers will automatically close the paragraph upon seeing this tag soup, and your paragraph will be broken into two. (Just like Quote Float 1.)
The downside of this technique is that non-CSS readers will see the quote right in the middle of your paragraph, along with the rest of the text. For this reason, you should to put the quote at least between sentences.
Getting Trickier
At least one thing you can do to alleviate this problem slightly is (slightly violating the semantics of the <q> tag) put some content into the 'quote' which should only appear when the content is not being displayed on screen.
A really important point from this article is: "...the element used to describe the quote MUST be syntactically valid in the paragraph context."
View the source on this second quote to see what I'm talking about; the text "A really important pointfrom this article is:" won't show up on the screen or when printing, but will show up when the user has CSS disabled, or for screen readers.
Copyright ©2004 Gavin Kistner; use this technique freely; comments/flames/corrections/suggests welcome.