AceJump
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Fold text between matches
Fold text between matches when AceJump is activated in order to fit more matches on screen.
There is a pretty neat algorithm for seam carving in images. I am tempted to implement something for text folding. You want to fold regions in such a way as to minimize the amount of screen jitter between keystrokes. One heuristic for doing this could be to fold regions which contain "unlikely" matches.