White Label Online Website Builder (web 2.0)
 

Has anyone had any experience with Online Website Builder - BuildMySite.com.au?

They offer a white label reseller model specifically for web design agencies?

Extract from site:

Forget tedious days spent coding websites! Build a professional and fully functional web 2.0 website online for your client in less than 3 hours!!

Web designers around the world are using BuildMySite to quickly create professional looking websites online in a flash. Our product will insert menus, form validation scripts, forums, blogs, photo galleries, secure member area, download file sections, google analytics... and much, much more with a simple click of the mouse!

Re: White Label Online Website Builder (web 2.0)
 

here's another one with very extensive capabilities:
http://younicycle.com