I blogged before about a great text editor named pspad. This editor is great for heavy lifting and it's full of features. Those features come at a price and that price is start up time. When I just want a quick no frills editor notepad is king. However, I've come across metapad and it seems to be a great notepad replacement.
It's number one feature? Hyperlinking in plain text files. I have been using Outlook notes as a catchall note storage for sites, user names etc b/c of the hyperlinking that built into the Outlook notes. Now I can put my links in a plain text file and enjoy hyperlinked freedom. It also compares favorably to the popular Notepad2 but the hyperlinking feature makes metapad the king.
Don't forget to get the registry files so you can make it the default editor for html, reg, txt and the text viewer for Internet Explorer's view source command.