Here is a HTML Edtior in FLASH

I found a FLASH “HTML Editor” and liked it very much, I wonder if there are other examples I like this?

In this HTML Editor I have to write in the HTML code too see the result via the HTML viewer, but isnt there a way opposite to this?

Making the HTML page via the buttons on the menu and the html code is written to the other dynamic field?

I will attach the fla and swf file