This looks really interesting. The Amy Editor is an embedded text editor. This is not a WYSIWYG editor like the FCKEditor – it’s more like Textmate in your browser. It has a nice set of features:

• Syntax highlighting
• Smart indentation for each language
• Code folding
• Bookmarks
• Word completion
• Insert/Overwrite mode
• Unlimited undo/redo
• Intelligent character pairing

Not sure where I’d actually USE such a thing but it is an interesting concept. I could see Google buying them up and adding this to their online suite…