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Perhaps just as enlightening is the location of the Esc key (to the left of Q): http://en.wikipedia.org/wiki/File:KB_Terminal_ADM3A.svg

I'm just learning vim and just yesterday I was wondering why they chose the escape key.

These days I mostly use Ctrl-C instead of Esc, just because it's so much easier to type.

If you make a serious commitment to vi(m) though, binding your capslock to esc is probably the better way to go.

I found ctrl there more useful. Especially for its use with other programs.