We've just released our new Web Form builder (beta). This new web form builder merges our existing 4-step web form builder into a single step. It allows you to easily add fields to your web forms and see the results in real-time. You can also use drag-n-drop to re-arrange your form making it even easier to create highly functional Web Forms.
To learn more and try out this new feature please go to: Modules->Web Forms.