No , there is currently no WYSIWYG editor in Visual Studio to design an ASP.NET MVC view.
But there is a brighter side to this answer. Use FireFox and the Firebug plug-in. Firebug is arguably one of the greatest tools a web developer can have. It not only allows you to see everything from markup to Ajax requests, but also allows you to edit / modify HTML and CSS in real time.
Firebug
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