While going through some e-mail this morning, I noticed that IDM released a new version of the popular text editor, UltraEdit-32, for under $40.
 

I've been using UE32 for a couple of years and I'm still running version 9.10.  One of my favorite features of UE32 is its ability to open large text files without barfing.  If you are in the market for slick text editor on windows, I would highly recommend giving UltraEdit a spin.

-Chris