Thanks to Aaquagua!: Web Page Syntax Highlighting for ColdFusion - Brush for SyntaxHighlighter post I was able to add code highlighting. Not only he had instructions for adding SyntaxHighlighter but also added ColdFusion brush. How cool is that?
One thing I want to add though using <textarea> insted of <pre> tag worked better. When using <pre> it adds closing tags for some reason for ColdFusion tags that are not closed. Here is an example of this behavior:
<pre name="code" class="cf">
var bar = 1;
<textarea name="code" class="cf" >
Turns out the above mentioned problem is dependent on a browser. IE7 seems to be fine FF2 and FF3 have an issue mentioned, and Opera blew up completely.
So use <textarea> since that seems to be working in all browsers