Bare Bones Software on Thursday announced the release of an update to their free text editor for OS X, TextWrangler. The new 4.5 release is now available for download from their Web site or through the Mac App Store.

Highlights of the new release include support for Macs equipped with “Retina” displays. A new Go menu has been added, along with a new Compare Against Previous Version command, and more.

The Go menu helps users navigate with a document more easily by providing ways to hop to Jump Point, Function, Line Number and Center Line locations. Compare Against Previous Version uses OS X’s built-in file versioning to compare active documents with previously stored versions. That new function requires Lion or later.

Also new are additional command keystroke equivalents, new keyboard navigation adjustments, other refinements and fixes.

As always, TextWrangler is free. We swear by TextWrangler’s big brother, BBEdit, so if you’re looking for a powerful and free text editing and transformation tool, by all means get yourself over to Bare Bones’ Web site and download it.