This may be because I don’t see enough options in the Formatter option window (it needs a scroll bar!), but is it possible for the Formatter to insert a newline after the ( and before the ) for subqueries? Like this:
The problem I’m having is subtle but incredibly frustrating: the extra space caused by the left parenthesis in “(SELECT” forces an extra space in the alignment for the subquery’s code. This then completely breaks my ability to use TAB and SHIFT-TAB to cleanly indent/unindent sections of code, since I’ve set the tab to insert 2 spaces (this is obviously a problem for any tab setting above 1 space).