When several notes have been merged, it would be nice to be able to apply/remove bullets so that items that wrap can be easily distinguished from each other (e.g., the wrapped text is slightly indented, and there is slightly more line spacing between bulleted items than between wrapped text for the same item).
I’m not following what it is you are looking for here that doesn’t already exists. It sounds like you are describing what can be done with the Format/Lists/ sub-menu? There isn’t much control over how they work, if that is what you are asking about, as in we don’t have much control over how they work, and thus cannot pass any configuration options along to you in the front-end.
.:. Ioa Petra'ka “Whole sight, or all the rest is desolation.” —John Fowles