I'm working on learning AS3, I've never really bothered with in depth actionscript before, but with the last update, I figure it's about time. I had basic knowledge of the first two and I'm really a php developer, so 3 is coming pretty easy. My question is, is it common practice to develop a site entirely in actionscript?

Basically forget about the stage and the timeline and compile the whole thing from code? It seems like drawing and setting properties for every object or text field in code takes a ridiculous amount of time, but if that's the way bigger firms are expecting it to be done, that's how I want to do it.

Anyone do entirely scripted sites? Any examples?