Cool ASCII Arts Using JAVE: A Free ASCII Editor

JavE is a free Ascii Editor. Rather than for editing texts, it is intended for drawing simple diagrams by using Ascii characters.
It is like a graphics editor for editing texts instead of images.

JavE is written in 100% pure Java and so should run on almost every operating system.
It is a standalone application and not available as applet.

Features

Freehand painting by mouse
FIGlet support - 195 fonts included
GIF/JPG/BMP to Ascii conversion with multiple options
crash recovery - edited documents can be recovered by JavE when starting the next time
Free shape selection tool
Easy textbox editing (borders, move, rescale)
Extendable clipart library
Export for multiple purposes (HTML, Java/C++/C/... comment)
move/copy/mirror/flip/rot13/...
And many many more - check it out!

Download Page of JavE