With IconUtils you can :

• Create and edit icons in either standard or custom sizes, in color depths up to 32-bit True Color
  
• Create and edit smooth semi-transparent icons for Windows XP
  
• Create and edit static and animated cursors
  
• Paint images with gradient and chess fill
  
• Modify images with drop shadow, smooth, grayscale, rotate, roll and mirror effects
  
• Make icons and cursors from various graphic formats, including ICO, BMP, JPEG, ANI, CUR, GIF, PNG,WMF, WBMP, XPM, XBM and Adobe Photoshop PSD
  
• Save icon images as ICO, BMP, JPEG, CUR, PNG, WBMP, XBM, XPM, PSD (Adobe Photoshop) and RC (Resource Compiler) files
  
• Convert multiple files at once
  
• Create and manage icon and cursor libraries for better and more efficient icon storage
  
• Extract icons and cursors from Windows executables, libraries and animated cursor files
  
• Modify icons inside executables
  
• Search in folders for icons and cursors
  
• Customize desktop and folder icons
  
• View images fullscreen
  
• Browse folders in thumbnail mode
  
• Convert images to BMP, JPEG and PNG formats

Icon Editor

Icon Library Editor

Cursor Editor

Image Viewer and Converter

Icon Converter