I'm glad you like LyX, and I encourage other people who haven't found a TeX editor they like to try it out.
Personally, I don't want my editor to do anything with my source code except color code it, like turning the source code into into manipulable objects (or whatever you call that).
> LyX is a document processor that encourages an approach to writing based on the structure of your documents (WYSIWYM) and not simply their appearance (WYSIWYG).
Their written description notwithstanding, LyX is a hybrid between WYM and WYG. It bundles up standard blocks of source code and hides it behind graphical objects which resemble the final product.
I believe that description is aimed at former MS Word users who don't even know the WYM/G distinction exists, not as a definitive membership claim by LyX.