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I use BBEdit, which may not help you because I think it may be a macintosh only editor.
It does syntax coloring for PHP. (As well as HTML, Perl, etc...)
It integrates very well with dream weaver.
It has very nice FTP integration with a Open from FTP server and Save to FTP server commands that let you edit files in place on your server.
I also like the find differences (diff) command for comparing two versions of a file (usually one on my hard drive and one the server.)
The multi file search and replace with regular expressions is also very handy.
I used Multi-edit for 6-7 years while I was programming on the PC. It is a decent editor, but I like BBEdit much better.
The only think that Multi-edit did that I haven't figured out how to do in BBEdit yet is the column selection mode.
I also use vi occasionally for the quick fix on the server.
I'll put in a plug for the mac with OS X: it makes a very good web development platform because it is essentially a unix system and ships with Apache and PHP installed so you can easily use your local machine as a test server. Add Photoshop, Dreamweaver, and BBEdit and you have a very satisfying tool set.
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