I am not sure we should dismiss what they have today. Nobody has yet to come close with a full package ide that works well for coding. Is that not a moat? It is easy for my to in my head discount it, thinking that I could build something myself but between autocomplete and their workflow for agent use, it feels like they have some tangible moat emerging.
Have you tried Zed?
I haven’t tried Cursor, so don’t know how they compare, but I like Zed a lot.
Anyway, would love to see a comparison from someone who has used a recent version of each.
If we ignore cost (which is kinda hard to ignore), I feel Codex kinda' does it for me. Sure it's not really an editor but I find I don't need that _that much_ and it's easy to launch an external editor (they actually have the feature).
The ironic thing is that half a year ago, after trying factory.ai I thought chat-first interface was a stupid idea that will never work.