Well there are so many dodgy "Web Development" companies around who only use Frontpage and use Paint for images. We can laugh at them!
You would be surprised at how many large-scale Web Design firms use code-generating editors to make their pages.
Both the companies i have worked for used Frontpage for page layout and then gave it to us developers to write the backends and fancy crap.
Its just too slow writing a Web Site by hand for the big players...