On Fri, Jul 20, 2012 at 10:11 PM, Meer, H. van der <H.vanderMeer@uva.nl> wrote:
The space around formula with \placeformula is a bit too large to my taste, even in the case of \setupformulae[spaceafter=small]. Because setting this to 0pt didn't make much difference, I had to resort to spaceafter=-1ex. Why is there seemingly always such a large space around the formula? Why not a much tighter boundary?

spacebefore and spaceafter are
\blank[p_spacebefore]
and
\blank[p_spaceafter]
so if you setup blank 
http://wiki.contextgarden.net/Command/setupblank
than also setup the space around the formula.
--
luigi