Well, I have played around with it a bit and here are my suggestions:
1. Would be nice if the text area was bigger (text area and not text box)
2. If one could input html and it show right. I added one and it showed/displayed as is, did not show as link.
3. If one could input a colour code for the box, gives the user more options and makes more flexible.
4. If one could add image for the news box (attach image, float left or right/imput image size as well)
5. Be able to have multiple news per user role/products/services/etc
Just my opinion to take this module to the next level.