EtherPad web-based word processor

“EtherPad is the only web-based word processor that allows people to work together in really real-time.”

“When multiple people edit the same document simultaneously, any changes are instantly reflected on everyone’s screen. The result is a new and productive way to collaborate on text documents, useful for meeting notes, drafting sessions, education, team programming, and more.”

Its really cool, however I wish it supports more features like GoogleDocs have, and/or better yet an online/web based syntax highlighting editor

Its major features are:

• Edits highlighted in author’s colors Quickly know who contributed what to the document.
• Really real-time Forget emailing files back and forth: changes happen instantly for everyone.
• Infinite Undo History Don’t stress about group mistakes — all changes are saved on the server and can be undone at any time.
• Global list of pads for your organization Track all your pads and sort them by authors.