This thing was written in ~2 weeks, so there's no way it can compete with a project that's 2 years old! It can either stagnate or evolve, but I think that the way the code is laid out will encourage a lot of collaboration. Personally, I love and use Highlight, but (I confess, as a textmate ho) I'd like to see rainbow improve. Competition is always good. Maybe you guys can/should help each other?