I disagree that you should join them in selling flash/website templates. You can't really find much templates in the internet that is FREE for download, but then there are already alot of sites selling these for a fee. That's tough competition.

So now, if you're gearing for the Malaysian Market, its terrible prospect too. I managed to download acclaimed templates from BitTorrent for free which were sold on sites online elsewhere....

I guess the closest thing your friends could do is customization as according to client's needs. Let's not start capitalizing on the general market, whether international or in the homeland.