Italic magenta edits by ed.
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Crosshairs Cursor by Mike Lin is Cool and its Free.
You can change the cursor back and forth with one click on the icon in the Windows Taskbar.  The 'bars' span the whole screen.   It can also be used to easily read wide columns of text.  Read more + get it here.  http://www.mlin.net/CrossHair.shtml
example