BBEdit Elements
I like TextWrangler. It’s much more capable than BBEdit Lite, so it’s plenty of text editor for a lot of people. BBEdit Lite was too good to give away. $50 for TextWrangler seems fair all around, although I think Bare Bones should have included AppleScript support instead of C programming features. My guess is that programmers will want the extra features that are available in BBEdit, anyway.
There’s been some grousing on the message boards to the effect that free tools duplicate many of TextWrangler’s features. These people might also enjoy the free tool that duplicates many of Photoshop’s features.