Main features:freeware
customizable color highlighting of differences
drag and drop enabled
accepts commandline parameters for file and folder comparisons
File compares:
a very fast compare algorithm
space characters and case can be ignored during a compare operation
also highlights differences within individual lines.
easy navigation between differences
easy two-way merging
in-place text editing
search and replace text
multiple undo/redo of text changes
supports unicode text files
generates a report of file differences
Download TextDiff
(870kb - includes Delphi source code and 2 other simple demos)