I handcode because I prefer having an intimate knowledge of exactly how the site works so i know exactly where to go if there's a problem, because I wrote every line of code myself. With Dreamweaver all I have an intimate knowledge of is some boxes on the screen.

Ditto.

I like cutting out the middle man. Dreamweaver being faster is a risk I'll take, though I imagine any debugging might make that statement false. When you need to open the hood, I imagine hand coding is much easier.

I've used Dreamweaver and it never caught on. Prefer my text editor