hi guys,
is there any stand alone GUI designer which could deal with most of Swing components and generate human readable code and also free

I think NetBeans since version 5.5 have the option to build GUI by drag and drop way of Visual Studio. Not sure as I never used that option, I love my code with bugs to much give it to IDE to create it for me ;)

thanks for replying but i need some stand alone, light memory usage application to generating java gui

no such thing exists. They're all integrated with IDEs, just like Visual Studio has one integrated for its languages.

Have you tried JDeveloper?