@AE What do you mean ? One of OP's puzzle previously used some accent based substitiution, which was solved by f", it would be terrible if it had any connection with that idea.
user189275
Anyone pursued the Morse code idea ? It might be red herring, but it has some vague connection with the first hint.
The newest hint implies that what matters is not the location of the italics, but whether a word has them or not (two states - has someone tried encoding that as ones and zeroes yet?)
Also note that in ASCII, bytes that encode letters never start with a 1 digit.
The more hints are added, the more I get confused...
2 hours later…
user189275
10:35 AM
I probably got it.
user189275
Convert each word: If not italicized, to word length, if italicized, then irrespective of number of italics, either to 1, if the lenght is odd, or 2, if lenght is even. Then pair each italicized to the right side word, and read in A1Z26 (i.e Bold toad --> 24 -- > W).
user189275
This also explains why @IAmInPLS got DIE as the only meaningful word, as it contained no italics, so normal lenght -> A1Z26 rules followed.
user189275
Unfortunately, I don't have enough time, this idea just may be a ridiculous red herring, so feel free to edit my answer.