Can LiveWhale support a diverse range of design templates and graphic approaches? (HTML5 anyone?)

Definitely.

Because LiveWhale writes standards-based XHTML and HTML5, the CMS makes no demands on the structure or design of your page. (The static page content editor does require pages to be valid, but if they’re not, they are automatically converted to valid code during the editing process.)

And since you’re wondering, that means you can use all the latest web tools to create a great mobile responsive design as well.