Ignoring the power and convenience of TextEdit would be a big mistake. TextEdit is a highly versatile word processor, including tools to format and layout your page, edit and stylize text, check spelling, create tables and lists, import graphics, work with HTML, and even add music and movie files. TextEdit is a Jack-of-all-trades app that few people use enough.
It’s a distilled version of Word without all the bells and whistles that most people don’t even use anyway...
TextEdit used to be called SimpleText in the OS 9 days. It loads instantly and of course TextEdit is free on every Mac.
Pros: Free, loads very fast, included on every Mac; Cons: Slightly under-featured
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