Thanks so much for the explanations. I've heard so many talking about CMS. I'm in the process of building a rather massive website right now and was wondering if it would help.
Quite frankly, I'd rather do everything myself - just code each page by hand.
Most of the time, it is a mixture of both for me. Meaning I use a CMS and do some customization here and there to make the looks to be different from generic CMS. I find that using CMS do save a lots of time and headaches too!
After building my sites with CMS, I would re-visit the site and tune a little bit here and there as I find ideas and intergrate into it. I think it is a continuous activities even if you make it from scratch.
I'm all about a CMS. It's so much easier to maintain your website and edit it from anywhere when you have a custom CMS. It just makes a world of difference for a website with dynamic content (i.e. content that is always changing). I would suggest to anyone to spend the money for a custom CMS, because in the end it is worth it.
The only CMS I've ever used is wordpress (for blogs).
I was never the best at coding a template to integrate with a CMS. usually the templates offered by the CMS doesn't appeal to me so I would go for make from scatch
Re: Made from Scratch or Content Management? 
It SHOULD be a continuous activity no matter what. People (and search engines) like updated content, right?
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