I wouldn't be able to take PSD to HTML if my life depended on it. Designers are a patient breed.
On Elance, I got to work with the VP of Design for Creative Cloud through one of their enterprise programs and that woman was pretty awesome. I don't look up to many people, but she was an inspiration to women in IT.
And just to stay OT: OP, you will make it easier on your coder if the PSD is cut, so I suggest asking him to do it. If you tell them that you plan to take the design and have the coder integrate it into your application (whatever platform it may be), they will help you out and know what to do.