I've jumped from ST to try and use this since I received my invite and am incredibly impressed without how little I feel the urge to switch back. Other editors that I try out (which I do far to often, ugh) are pretty, have unique features, but they lack the can't live without feature(s) that no one has matched in ST is the ease of line/text manipulation (find-next(cmd-d) + find-skip-next-next(cmd-k+cmd-d)+ undo + Multi Cursor, Block Select, Dupe...).
Atom got close with this version. The duplicate function is only duplicate line but without knowing any CoffeeScript I was able to override this function to duplicate selection if there is a selection before duping the line — for every selection. There are many other areas that are close and will either be closed out by myself for my own use, addressed by others via packages, or even in the core once it hits 1.0.
Anyway, this is a good write up and good look at the negatives of a web based editor, but I would argue the drawbacks of the DOM outlined are outweighed by the ability talk to it (and also the entire API) via the webkit inspector.
Also, the current version number is 0.6.0.