I have been using Ultra edit for many years now and had never used any other advanced text editor, Ultraedit is a breath of fresh air If you just have the background of using Windows Notepad and Wordpad but this isn’t the case if you have also used Notepad++
Frankly speaking I had heard about notepad ++ a lot but did not bother to try it, last week I had the opportunity to use it and I am quite impressed with the features that it is offering and keeping in mind that it is a freeware. Notepad ++ is able to do most of the thing which Ultraedit does like tabbed interface, find in files, recognition for computer languages, grepping of strings, regex find/replace. I did not test Notepad++ for support for large files, I have handled filed up to 1GB with ultra edit, I am not sure what sizes Notepad++ is able to manage.
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I like NotePad ++ because it is freeware
Free is not always good
Ultraedit is very powerful and specially when it comes to dealing with huge text files than Ultraedit is the king