When the list of arguments to a method grows to the point where they do not fit comfortably on one line, I like to format code such that each argument is on a separate line (fol
You may want to look at Resharper from JetBrains. It has all sorts of rules that can be applied to formatting code that is much better that the built-in VS stuff.
http://www.jetbrains.com/resharper/
This particular option is located at:
Update
Resharper > Options > C# >Formatting Style > Line Breaks and Wrapping > Wrap long lines
I don't know if it does exactly what you want, but it does wrap long lines