If anybody is following my question, I found a solution to the problem of *reading* large documents. Use Microsoft's HTML Help tools to generate a chm file, and then Moon+ reads it instantly. Very nice. However, Moon+ then only searches the current html segment (I reported this to the developer--I think he'll look into the large file issues eventually).
Searching in chm could be really fast as chm files can be compiled to include a full-text index.
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