A second issue with using Xcode for editing Ruby is that it by default does not correctly comment code in Ruby files. This again is easy to fix:
Open the scripts menu, choose Edit User Scripts.
Select Comments: Un/Comment Selection
This will bring up a Perl script that Xcode uses to perform the comment/uncomment function. We need to modify this to recognize Ruby file types:

Replace:

# determine the type of file we have by looking for the #! line at the top
# careful--it might already be commented out!
my $commentString;

Xcode 3's language support for Ruby is somewhat broken. Fortunately, fixing it only requires a few small modifications.

One major problem, Xcode doesn't know what .erb and .rake files are.
There should be a file:
/Developer/Library/PrivateFrameworks/DevToolsCore.framework/Versions/Current/Resources/Standard file types.pbfilespec

Copy this to /Library/Application Support/Developer/Shared/Xcode/Specifications/, creating that directory if it doesn't exist. Editing the original works, but your changes will be overwritten if you update Xcode, better to just override the standard files.