I have always liked lists over paragraphs of text in web design, but I have always struggled with capitalization, punctuation and detail level which should be included in the list and when to use an ordered list and an unordered list.  Someone from my past recommended something like “only use a ordered list when the person should do things in a particular order” which made perfect sense and I remember it to this day, but I like this article that I noticed recently because goes into much more detail about all of the aspects of lists and gives many examples of what to do and what not to do.