Well, I don't really use any fancy tools to create my web sites ... for this site, I only use a really good programmer's text editor: Ultraedit (http://www.ultraedit.com/)
Professionally, I use Microsoft DevStudio, but I find that it is not much faster than using good ole UltraEdit. I think I've been using UltraEdit for something like 7 years now.
For creating graphics, I prefer Paint Shop Pro, by Jasc. Another excellent shareware derivative. Though I have been known to mess around with Photoshop and other Adobe products.