VIM is my most used editor and IDE, and I am excited with every new VIM versions. This is the VIM version history and the new features excited me:

VIM 7.0 (2006)
Spellcheck
Tabs
Omni completion
text-objects: at, it

VIM 6.0 (2001)
Folding
Plugins
Unicode support

VIM 5.0 (1998)
Syntax coloring/highlighting
basic scripting

VIM 4.0 (1996)
Graphical User Interface
Word completion
Text objects

VIM 3.0 (1994)
Support for multiple buffers and windows