I actually like the option of rendering links as buttons and hope that eventually we will have this option.
However, one the things that might be a bit more straightforward to implement might be to provide a text alias. I described it in this request, which is based on Excel’s HYPERLINK function could be overridden with a simple text alias.
I find this very helpful for really long URLs, particularly anything generated by formulas. URL encoding things and building outside tools has been one of the ways I get around some of fibery’s limitations. Having an option like this would greatly enhance the look and function of the link formulas for me.