I don't disagree that the usual implementation of wrapped code is pretty terrible (because it goes back to the start of the line, thus spectacularly breaking the indentation-based formatting - UltraEdit is the only implementation I've seen that gets it right), but it's still the right thing to do because the alternatives are even more terrible.
I didn't think horizontal scrolling was too bad, until Apple screwed that up. For a while, I could just use Firefox, but they implemented this same behavior, but without the nice animation. So, it's even more befuddling.
It's one of the many reasons post-Lion that I've decided to just move on to another OS. I shouldn't have to adapt the way I work to some OS updates quirks.
