I've never really been a fan of the "design view" method for creating web pages in Visual Sudio, preferring instead to craft HTML by hand. In VS2002 and VS2003 especially, I always found that the designer had a habit of really screwing up my markup.

But, I must say, the new web designer in Visual Studio "Orcas" recently announced by Scott Guthrie looks pretty cool - I particularly like the addition of a Split View so you can see both HTML and WYSIWYG simultaneously.