I found CodeLite (http://www.codelite.org/) is in the spirit of Dev-C++, and it is actively developed. Worth a try, I liked it.

Also, wxDev-C++ (http://wxdsgn.sourceforge.net/) is an updated version of Dev-C++, including nice wxWidgets WYSIWYG functionality. However, as most Open-Source Delphi projects this will not last forever (maybe unless Embarcadero is releasing a free Delphi version soon).

Mostly I prefer Code::Blocks (http://www.codeblocks.org/) over Visual C++ Express for these reasons:

a) Open Source
b) Small download, some versions run on an USB-Stick (Availability!).
c) The freedom to choose a compiler (I mostly use MinGW / GCC)
d) MinGW: OpenMP support! (Not available in VC-Express!)
e) MinGW: No additonal runtime (vcredistXXX) is required for the target computers.
f) MinGW: Standard makefiles supported.
g) MinGW: Better portability of code.

If you don't care about these points, just use MSVC++.