By default, Dreamweaver cannot read PHTML files. You can add the file type to the “Open in Code View” section of the preferences if you wish to have fast access, however you cannot view the file in design view if you do that. So if you use Dreamweaver (versions 4, MX, MX2004, 8, or 9, aka CS3, or CS4) to design your sites, and you wish to open Magento’s Template files (they have .phtml extensions) in Dreamweaver, you can follow these steps to add support for .phtml and make Dreamweaver render PHP code (with coloring, hinting, et al) as well as allow you to see the design in code view if desired. Below are three steps to follow.*
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Finally, an author who practices what he preaches - this book is both short and easy to read (it is only 200 pages) and surprisingly full of wisdom. It is packed with colour screenshots, cartoons, and well laid out pages. All of these elements make it a pleasure to read.

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As a web developer and designer, the "Swiss Army knife" in my web development toolbox is Firebug - the defacto add-on for my Firefox browser. If you have not got yourself Firebug installed on your copy of Firefox, then click here.
Firebug has created such a storm, that it has cemented Firefox as the preferred browser amongst web developers and designers. This has no doubt caught Microsoft's attention, whose previously vice like grip on the browser market has been slackening as Firefox has steadily grown in popularity. Microsoft (bless them) have only just begun to ffer something similar in their latest browser.
Be sure to keep an eye out here for forthcoming Firebug releases, including one for Google Chrome.