How to wrap panel output in IntelliJ 9?

I recently converted to IntelliJ, love it.

How do I get panels, such as log output, IDETalk, etc. to wrap their contents?

How do you wrap in IntelliJ?

You can enable soft wrap for the editor with ⇧⇧ (macOS), or *Shift+Shift (Windows/Linux), for the Search Everywhere dialogue, and then typing in soft wrap. You can also go to Preferences/Settings > Editor > General to enable Soft Wraps for more file types by default.

How do I view output in IntelliJ?

Run tool window The Run tool window displays output generated by your application. If you are running multiple applications, each one is displayed in a tab named after the run/debug configuration applied. If you re-run an application, the new output overwrites the contents of the tab.

IntelliJ is now at version 2016 and in this version at least wrapping is supported.

It is the squiggly line icon that is selected in this image:

It is the squiggly line icon selected here