Hmmmm ... you're right, the Text on the button changes when you drop it in the IDE. I had an existing sub-classed button on a Form and I simply went to the button class and changed the Text and added an image. When I went back to look at my form the button had the new text and image, so at that point I hadn't tested actually dropping it on my form since it was already there. But, now that I've tested it I see the problem. And here's the solution:
Instead of putting the this.Text = "MyButton" in the constructor, create an EventHandler for the HandleCreated event (since a button doesn't have a load) and put it there instead.
private void BBButton_HandleCreated(object sender, EventArgs e)
{
this.Text = "MyButton";
}
~~Bonnie