I recently switched from vim to emacs. It's so easy to extend with elisp functions, and the buffer handling & directory editing is great. Not to mention ecb, etc. I still like vim, emacs just works better for me presently.

I did have to put in some effort to get nice fonts, but as the article states, if you use emacs 23, you can get it to look beautiful. I wrote a post about how to get it running with nice fonts:

http://lojic.com/blog/2008/02/07/nice-fonts-for-gnu-emacs-on...