/shrug, maybe. But it seems a bit odd to have something THAT low.
You konw what... nix that WYSIWYG advice. If you're gonna do it right, do it right the first time. Check out newbie sites like www.htmlgoodies.com. Read books, there's a LOT of books about HTML authoring.
Check out how other sites are built. Read the basics on FTP from the DreamHost Wiki: wiki.dreamhost.com
And to answer the above question; Domain registration is purely a parking of a domain. That's it. Do you have a login and password for a server? If so, then maybe you did get some deal I hadn't seen.