Yes, I get that. Funny, I actually do use Excel a lot to edit a lot of these things and don't think I could improve my productivity in any of them more than 10 or 20%. My real question is how much it would help me in the language I spend 80% of my time in(Python now), versus an IDE that was built specifically to help people writing Python.
But you make a good case and I'll probably go harder into emacs(I do use vim a fair amount now, and will try TextMate when I get that mac.