I'm an Objective-C developer by trade and a Ruby developer at heart, so excuse my poor python skills. This is my take at a plist plugin for Sublime Text 3 that should make working with plists feel a lot more first-class. It provides:
The python plist support is taken from the Python 3.4 standard library, with a few modifications to support running in the Python 3.3 that ships with Sublime Text 3. This library therefore has a heavy dependency on Python 3.x which is why it'll probably never work with Sublime Text 2. Seriously, just use Sublime Text 3, it's awesome.
Sublime Text is by far my favourite text editor. It has a fantastic package manager in Package Control which allows you to manage the installation of plugins that extend the functionality of Sublime. Sublime doesn't support binary plists out of the box, but a kind sir by the name of relikd made a plugin that can convert to and from binary plist. I have a couple of problems with his implementation, though:
plutilcommand line tool that ships with OS X. This means it requires OS X to work. Ideally, this should be an entirely python native solution, which would work on any platform, on the off-chance you encounter a plist file on a non-Apple computer. Having to start up a command line app doesn't strike me as particularly efficient either.