Internet is a vast ocean where hundreds of thousands of websites compete for eyeballs. To draw maximum mileage out of this your website needs to be visually appealing as well as technically robust.
For web developers using PSD is the latest craze. PSD opens vast arena of opportunities for a developer who wants to be creative with a web design. A free template cannot give you half the advantages that creating an own template
Navigability, user friendliness and visual attractiveness are some of the things that a website should have to attract visitors. To make sure that your website is different from the rest, make the template in Photoshop and convert it into HTML.