ExciteMike

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Why are we still programming in plain text?

Tabs vs. Spaces need not be an issue

Let the actual structure of the program handle indentation.

I want to be able to make part of my code bold

to call attention to something, for instance.

Why are comments the parts that are treated as special?

Seems to me that we should be calling out the code, since it really should be just eh implementation of what your comments are talking about and already explaining.

Most strings that can be typed are not valid code

By far. There must be a more efficient way than typing everything out. (maybe Auto-completion is the right fix for this already)

metadata

Functions, classes, variables could all have metadata associated with them for better searching/sorting.