Since switching to Mac I have always used Safari, and I like it.
In particular:
The pop-up blocker works very well. So annoying at xmas when I used our home Windows PC a lot.
Google search is great.
Easy to use bookmarks. Never understood IE favourites.
I like the way web pages look like Mac OS X! In the Jaguar version of Safari (1.0) there is a bug which means it won't load secure sites behind some firewalls (like my uni one). This forced me to use Camino for these web sites. I like Camino, but I prefer the tabs on Safari, the brushed metal appearance (never thought I'd say that), and (VERY IMPORTANT!) the blue glow around text fields in Safari. In constrast, IE still uses Mac OS 9 buttons and fields!
Safari never quits on me (not once in Panther, used to occasionally in Jaguar) but it would be nice to get resumable downloads. Apparently Win XP sevice pack 2 this summer brings this funcationality to PC version of Internet Explorer. Hopefully Apple will add that (no offence to Download Wizard, obviously).
Also, IGN cube (games site), with all its complicated graphics and stuff gets me the beach ball of death in Safari, even on a fast connection. I agree about it needing better multitasking.
Other than that, I love Safari
