Such tools exist in Word 2013 - 'Show Markup' and 'Display for Review' tools.

They are used by the users to be able to see the originally typed text, the final results (as if the track changes were accepted) and some further options for the visual appearance of the tracked text.

Such option would be very useful in the RadEditor, because in a large text where multiple users would add their suggestion, redaction and comments, the text would go quite unordered and difficult to be handled with.