C++ Builder is miles above MSVC in my opinion.
Of course it’s not free, but it is the only reasonable “move up” for when you’re ready for a /real/ production tool.

Quality has a pricetag.

Another alternative to Code::Blocks is Aptana Studio.
It pretty much does everything, and supports everything from Java and Python to Ruby and Groovy.
It’s a one-stop-shop with a very nice interface.

Code::Blocks is a pretty good alternative and its updated installer package makes it a lot easier for beginners to use. However, it doesn’t get updated frequently enough to compete with other well-established projects like Eclipse (not really for beginners, I know) and CodeLite.

Regardless, I always suggest that someone who is uninsterested in cross-platform development and is a Windows user should use Visual Studio Express Edition. It’s (mostly) full featured despite a lack of a few resources, in particular those that power and professional users will [probably] never need. And, it’s a great introduction to Visual Studio development so that should a beginner decide that they want to continue development moving to a full version of Visual Studio is pretty painless.

There are always better alternatives to any software package and it often requires a bit of research to make a final decision. No matter which way you look at it, however, Dev-C++ is one package that should not be blindly linked to anymore when there are other much better solutions available.