I've done 2 projects with PSD2HTML so far. А responsive HTML template and a WordPress website. The end result was ok.
Danny R.'s review of PSD2HTML earned 8 Very Helpful votes
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These guys coded 8 semi-complex pages of a web app for a small fraction of what I would have paid...
I have had the chance to work with psd2html for some projects now, and I can't really describe...