I'd love to see a text editor that let you select text blocks by drawing a box. (ie, you could draw the box selection style and select the last 5 characters of each line)
My favorite editor nowadays is Sublime Text, which takes this concept much, much further. It allows having several cursors active at once, each one behaving like a real cursor, so you can do things like ctrl+right to move all the cursors to the next word, no matter the length of each specific word. Kinda like real-time macros, only much better.