We currently use FP 2000 and Visual InterDev 6.0, we use them not because we researched them, but because Microsoft gave them to me for free for helping in usability studies. Most of the complaints that have been voiced about FP appear to be older versions. FP 2000 works well for most tasks. We spent money on Flash 4.0. Our future direction is to build dynamic and visually appealing sites.
Vector graphics produce the best quality available on the web today.
I just came across some statistic which some of you might like. That's a part of my function within the organization. I've never tried it, but I've seen the code generated by Front Page and have never had any desire to. I worked at a company where each department designed their own intranet pages. They had a similar policy regarding the use of wysiwig editors and preferred Home Site.