I don't think that sending people to an alternative IDE will improve Arduino's editor. This is a suggestion forum, is it not?
Would it really be such difficult to change the IDE allow the user to decide for themselves where the code and feedback portion of their screen should be?
Personally, I would want to see the 5 additional lines of code while I am editing, 6 if the thick bar was a thin line or went all to the bottom of the screen. Six lines may not seem like much, but the going from 34 lines to 40 would be a nice improvement while coding.