I think it would be easier for doing the right edit when just showing newline charaters (\n) as they are in the value columns instead of rendering them.
It's confusing to seem them rendered (if you added them in the NSLocalizedString or in the strings file via Xcode) but you are not seeing them in the LocalizationEditor app. Also you cannot add "rendered" newlines there (like with Shift+Enter or something) you have to add them via \n.