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PlainText is a great solution to do simple text editing on your Dropbox account for free. It currently does not support any of the customizations that Elements has but it does allow you to create new folders within your DropBox account. The interface is very simple and elegant. Upon initial setup you can decide if you want to link PlainText to just one folder called "PlainText" or your entire account. The application does not have all of the bells and whistles of Elements, but does include TextExpander support, full screen support and the ability to access your entire Dropbox account. You can get rid of ads through a five dollar in-app upgrade. The iPad version appears to be free of ads, but once iOS 4.2 arrives it will be ad-supported on the iPad as well as on the iPhone and iPod touch.