If you are looking for a Free Icon editor then you can try IcoFX. So if you are a webdesigner you will find this tool very useful. With IcoFX you can easily create and edit Icons. IcoFX contains more then 40 effects for Icon creation and editing. IcoFX works with Windows Vista and Windows XP.
IcoFX supports Vista Icons with PNG transparency. You can easily handle multiple file editing with batch file support. There is a built-in resource editor to change Icons present in EXE files. You can Zoom Icons upto 10000% for a great precision. You can convert your MAC OS X Icons to Vista. You can use custom filters to design great designs for your Icons. You can also extract Icons from EXE and DLL files.
IcoFX supports resolution upto 256×256. You will have many drawing retouch tools. You can adjust fading effects, adjust brightness and do many more things. You can work in RGB and HSB color modes. You can easily create favicons for your Website or Blog.