Token Filter
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This is a very simple module to make token values available as an input filter.

This initial development version only works for global and user token types.

Installation:

1) Enable the module
2) Go to /admin/config/content/formats and enable the token_filter for any of your existing filter type or if you wish, create a new one.

Then in the text where you use that input filter you can use substitution tokens enclosing your token square brackets, i.e., [site:name] Token Filter will replace this entry with the name of your site.

You will find an extensive list of tokens on this page:
http://drupal.org/node/390482#drupal7tokenslist