Is the todonotes package a possiblity? If so, Highlighting a Paragraph in LaTeX by Hinnerk Brügmann provides a solution.
For some reason or the other the lipsum package didn't work well with it. The user provides the following code:
\documentclass[letterpaper]{article}
\usepackage{lipsum}
\usepackage[bordercolor=white,backgroundcolor=gray!30,linecolor=black,colorinlistoftodos]{todonotes}
\newcommand{\rework}[1]{%
\todo[color=yellow,inline]{Rework: {#1}}%
}
\begin{document}
\lipsum[2]
\rework{Nam dui ligula, fringilla a, euismod sodales, sollicitudin vel, wisi. Morbi
auctor lorem non justo. Nam lacus libero, pretium at, lobortis vitae, ultricies et,
tellus. Donec aliquet, tortor sed accumsan bibendum, erat ligula aliquet magna,
vitae ornare odio metus a mi. Morbi ac orci et nisl hendrerit mollis. Suspendisse
ut massa. Cras nec ante. Pellentesque a nulla. Cum sociis natoque penatibus et
magnis dis parturient montes, nascetur ridiculus mus. Aliquam tincidunt urn}
\lipsum[2]
\end{document}

mdframed. You'll get the documentation with runningtexdoc mdframed– Herbert Jun 10 '12 at 19:27