It's got loads of new features, like a TOOLBAR and the ability to drag and drop text!
John pauses to let you catch your breath
Okay, enough breathlessness. Best I can tell, Emacs is one of the following. . .
1. Not really a product unto itself so much as an experiment to see how many platforms something can run on, ala TANSTAAFL's JetLag game.
2. A test-suite for new C compilers.
3. A cute "look what I did" project that's written knowing that its user-base is now into single digits, kinda like those folks who write new games for the Atari 2600.
And I make these jokes without a moment's worry about offending Emacs zealots, mainly because there's no way this page will display under Lynx.