This is essentially BBEdit without the html extras, or, in other words, a great text editor with some shell integration but none of the fluff BBEdit has that increases the cost for it.

I'd have happily paid the old $49 for this version of TextWrangler since it adds the last few features I wanted that were missing from the previous version.

This is a great deal. If you've never used BBEdit or TextWrangler before, download it and give it a shot. This is top notch text editing power for FREE.