Creating Designable Components for Microsoft Visual Studio .NET Designers
http://msdn.microsoft.com/library/default.asp?url=/library/en-us/dndotnet/html/pdc_vsdescmp.asp
Writing Custom Designers for .NET Components
http://msdn.microsoft.com/library/default.asp?url=/library/en-us/dndotnet/html/custdsgnrdotnet.asp