Barfs on large files, needs language support for popular web languages.
I use Cocoa JSON Editor just about every day, so I gotta say its good. But I often get large JSON data structures, like RDF graphs, and it just cant handle it.
I like that it shows me the equivalent Objective C data types, but I wish it worked with other languages, especially Java.
But in terms of pointing the way to usability and good WYSIWYG, this app has no competition. Its cool.
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Cocoa JSON Editor