Hey everyone, thanks for the great feedback!
I'm really reallly ashamed to have released that version, considers all the bugs in it So I fixed all the known ones, added a few more features, and made an update. You are strongly advised to update if you have downloaded the old version.

Here are the bug fixes and new features:

Bugs Fixes:

-Load entity cancel bug
-transparency bug
-save wdl cancel bug
-edit shader
-change effect
-exit crash

New Features:

-Window Resizing
-Camera Zoom (PgUp/PgDn or Mouse Scroll Wheel)
-Huge code organization improvements

Dowload version 1.1 at:
http://s94942944.onlinehome.us/sites/surreal/SMEE/SurrealEditor11.exe

Drew, I spent about an hour last night trying to implement changable resolutions. The biggest problem is that the engine crashes when trying to load the open/save dialog dll in fullscreen mode. I also tried just changing the window size, but that lead to a nasty bug with the mouse. So for now, I just settled with a resizable window. Click and rotate will be in the next update Btw - Check your pm's.

Here's a little shot with some perpixel lighting, (single ent zoomed in mode):



And again, please support this project and stop by/signup at its forum based website, at:
http://s94942944.onlinehome.us/sites/surreal/phpBB2/portal.php

Please leave feedback, bug reports, requests, and so on. Thank you!