I like it very much, although I have never used Zend. PHPed is not wysiwyg, but provides nice support for creating forms for database and SOAP apps. You can download a 30 day free trial.
I will check out Zend.
I have also solved my problem with accessing the database using PHPed. I needed to update my dbuser in mySQL so that the db could be access from my ip address (default is from the DreamHost server only.)