Yet another text editor. Billed as "Plain text productivity for geeks", FoldingText is in beta but it brings some neat tricks to the relatively simple text editor genre of apps.
Click on the 'Watch Movie' link at the bottom of the FoldingText site - I'm unable to directly link to it - to see how it works as well as features that are coming.
The to do list and timer functionality that are coming soon look particularly neat. My mistake - these are in there I just didn't read the instructions properly.
It won't be for everyone but for the right type of Mac user, FoldingText could be a great simple, powerful tool.