The free version comes with the Open Source license LGPL 2.1 and is supported by the community.
This option enables you to specify a custom CSS file that extends the theme content CSS. This CSS file is the one used within the editor (the editable area). This option can also be a comma separated list of URLs.
http://wiki.moxiecode.com/index.php/TinyMCE:Configuration/content_css
Use TinyFCK, a mod that combines TinyMCE and the file manager from FCK Editor.