I was wondering if anyone knew of a good text editor for python ?

I use ConTEXT a lot, it is free, relatively small, fast and reliable. It does highlight Python, and you can configure it to run your code from the editor.

Download from:
http://www.context.cx/

Thanxs onemore time vegaseat for the help:)

There is also an improved version of IDLE called IDEstudio (the IDLE editor comes with the normal Python installation). I am just playing around with IDEstudio, you can download this Python specific editor from:
http://starship.python.net/crew/mike/src/idledev/IDEStudio.html

Oops! That one suffers from old age! Ignore this idea!

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