thats what i was affraid of...i guess ill have to wait on that stuff
If you're talking about doing stuff for $$$, the template driven crap is not going work as you might expect. Never has, never will. Customer needs will vary, they will always need something beyond what you have available.
WYSIWYG editors like front page have too much boiler plate code. I am not sure how all of this would handle server side scripting, which is necessary for dynamic web pages (which is good). Static pages are hard to maintain, I couldn't imagine the amount of effort to keep an e-commerce site consistent with pages of products...
What will really bite you in the ass is CSS. It really is a good thing, but the compliance between browers is a nightmare. I don't know when (mainly MS) they're going to get it together, but it's gotten better (between IE6 and IE7). Making your pages look consistent in every browser is absolutely essential.
I do everything by hand in a text editor. I have to constantly switch from ASP to Perl to Javascript (sometimes C, sometimes Java), plus be fimilar with HTML/XML. Not to mention the subtle differences between SQL Server 2000, MySQL, Postgres, etc. There's a lot to true custom web development. Colleges (at least here) don't even come close to teaching you enough to actually do anything. If you're not fimilar with what's going on, it's very easy to write a very bad site.
Pete