Everyone is jumping in to disagree with the OP. I have to be honest: I thought the OP's points were very well made, and as much as I loved the LightTable demo, I think I immediately dismissed it, in my mind, as "looks cool, but can't be made". I think there is a big disconnect between this author, a "working programmer" who actually writes code, and at least some of the commenters in this thread. Let me give my take…
Maybe in some version of ST2, they will add the ability to see documentation in an overlay when you mouseover a method (or maybe someone will write a Python plugin to do that). This editor already seems to be a long way towards the goals of Light Table.