PAUL WIRTH I'm running Tiger and it DOES appear that the notes are spotlight searchable now (in response to previous comment).
I love this application. I played around with a half dozen stickies replacements, as well as many note-taking applications and Edgies, with its customizable, stay-out-of-the-way- until-needed format is perfect. Runner-up was SideNote, which is also a shelf-style notepad (and free), but I shelled out the $9.99 for Edgies within 5 minutes for its customizability, spotlight searchability, and equally importantly, its snappy and fun feel.
(Version 2.2.2)