Should we be worried

Haven't tried it but from the intro video this looks scary for developers (kinda looks like photoshop but outputs the website instead of an image of the website), especially since most business websites are simple and could probably be made on webydo. Not sure about its limitations though.

There have always been some sort of DIY web development platforms out there. I think as long there are customers with specific needs that are 'outside-the-box' we as web developers will always have work to do.

--Just my opinion--

If the site is something that can easily be created using a fancy WYSIWYG or through a basic framework like WordPress or Joomla using a downloaded template, then it wouldn't be anything lost to us as developers. The amount of profit on those sites often times doesn't seem worth it and I tend to pass them off to some local interns or start-up freelancers. The custom web applications and development is where the future of our trade has been and will always be.

I see what you mean and I totally agree. I'm a start-up freelancer though so I'm the guy you dump those easy websites onto :) Haven't ventured far enough into the realms of custom web applications yet!

Also from what I can see Webydo is "cuts out" pretty much just the photoshop design to html/css stage of building a website, it probably has trouble with javascript (just my opinion though, not really an expert on this!)

Argh! It's Lullaby! lol