Preface (this is a self-answer post)
I've gotten my feet wet with Netbeans GUI Builder but I am just not starting to dive in to it to learn the more intricate details. I really didn't even know hot to change layout manager from the design view, I would just hand code it. So I tried asking the Google help desk by asking "How to use different layout managers in Netbeans GUI Builder" and surprisingly found zilch in the first couple pages of the results. In Eclipse Window Builder, from the palette you can drag an drop different layout managers so why not in GUI Builder. Lo and behold, after hours of searching, I found the magical Set Layout from the context menu of a container component. Now I'm ready to rule the world!
I figured I throw in some tutorials on how to use different layout managers from GUI Builder, here on SO so others won't go bald tearing their hair out trying to figure out what I what I've been figuring out for myself. After completing the first tutorial on CardLayout
(below) I get ready to post my efforts and type in to the title of the Ask Question page, "How to use CardLayout with Netbeans GUI Builder" . What the ...!!. There were already some question asked on this topic!!. I guess I should've made my Google query more precise. DOHH!
Anyway, I have this tutorial now, which is still more informative than the ones provided in other answers, so my efforts will not have been wasted (so I tell myself :D ). Maybe I'll make a series of these tuts. We'll see. For now, enjoy How to use CardLayout :P