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1

Obviously < and > are necessary for escaping user input. But is there any reason to use, say, ™ instead of ™?

+2  A: 

No. This is usually a product of people confused about either encoding or their OS's input methods. If you use a modern encoding (e.g. UTF-8) and learn how to type special characters, you'll very rarely have to go beyond <, >, and &. For instance, with the Compose key, entering ™ usually requires just Compose-t-m.

See my previous answer on this.

Matthew Flaschen