Lubith is a the browser based online WordPress theme generator.
The author said “Lubith finds itself still in beta stage, a lot of options were inserted and it is still possible to encounter some bugs. Please send me feedback”
Lubith features:
Intuitive interface: Move and re-size the theme elements just by dragging the two knobs.
No code required: You can design, edit and use your theme without needing to write a single line of code.
Save time and money: Do not waste time and money on programming stuff anymore, Lubith does this job for you.
There is a support forum and a video tutorial.
More info: http://www.lubith.com/
