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bill - 9:01 am on Sep 13, 2006 (gmt 0)
I'm actually in the market for something like this myself. I did some research around WebmasterWorld looking at old threads for text editor recommendations and the top two seem to be Edit Plus and Ultra Edit. I need to do a lot with Japanese, Chinese and other double-byte character sets. Looking over the feature sets on those software packages I liked what I saw on the Ultra Edit site.
The FrontPage HTML editor can handle multilingual source quite well. However, you can run into some difficulties with the WYSIWYG editor with languages so it's not the best solution.