James, part of me agrees with you, the other disagrees on your first statement. I am not very good at coding, but I think it's necessary to understand it in order to 1) know what is possible and 2) understand how the Web medium works.
And re stricter doc types: This is a very good thing. More structure means more predictability, which means you'll know exactly what to do to get the effect you want. Indeed this creates more design flexibility, not less! But I too wish I could embed fonts to really create the site the way I want it... ah well. Maybe some day!
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