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Default limitations to charting functionality

I wonder if anyone has some work-arounds for some of Excel's more annoying
limitations charts.

(1) It seems that the Title text box cannot be resized manually, even though
the usual 8 grab handles appear on the fuzzy border when the Title is
selected.

(2) There seems to be no way to attach additional text data to a chart (eg.
explanatory information or a formula).

Both of these features (and many more) are available in serious applications
like SigmaPlot, and it seems odd that Microsoft can keep releasing new
versions of Excel without addressing such obvious oversights. Am I missing
something?


 
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