Icon Master
It can create icons from any paint program you have. Instead of using primitive icon editors that are usually not better then windows paint, now you can draw icons in any drawing/painting program. Program conversion supports 4, 8, 16, and 24 –bit mode icons. ... With this tool you are able to convert any bitmap(s) into icon, it is simple but professional. ... Use your icons anywhere anytime for anything: for your own programs, website, windows interface design, or just for fun. ... Well… stop reading this, and start downloading that 30KB.
http://www.thealas.com/programs/iconmaster.zip - 42Kb - Download - Screenshot

Perfect Icon
Perfect Icon is an easy tool for creating icons from pictures and photos. Various graphic formats are supported: BMP, JPEG, TIFF, GIF, WMF and more. Perfect Icon generates stylish semi-transparent icons for Windows XP. Various effects and styles allow you to make unusual pictograms too. ... Perfect Icon: the rapid icon creation tool! ... Perfect Icon provides an easy solution. ... Simple, intuitively intelligible interface makes working with the program a snap. ... Perfect Icon is the ultimate tool for customizing the icons on your desktop, in Windows Start menu, and in icons of folders...
http://www.iconempire.com/downloads/perfecticon.exe - 1Mb - Download - Screenshot

Icon Processor
Icon Processor converts BMP, JPEG, GIF, PNG, PSD, WMF, PCX, TIFF and CUR formats into multi-resolution Windows icons. You can add files and folders from Windows Explorer or other file shells using drag and drop. You also can paste bitmaps from the clipboard and change color resolution and size... Icon Processor allows you to extract icons from folders and libraries and place them into the directory of your choice. ... The application has a wizard interface, making it simple to process multiple files at once.
http://www.iconempire.com/downloads/iconprocessor.exe - 1,016Kb - Download - Screenshot

Change Folder Icons
Change the standard icon of folders to another found icon fast and simple with this small utility for Windows. You can do this pressing right mouse button on a folder and selecting the item "Change Folder Icon" from popup menu. You can search for icons with specified parameters in all types of... x: - ADVANCED SEARCH OPTIONS are made; now you can set options "Number of colors" and "Size in pixels" before search and only necessary icons will be find; - you can browse all icon variations of one found icon, if it consists of several icons various in size/colors (16x16x256 + 32x32xHiColor +...
http://www.nesoft.org/changefoldericon/cfisetup.exe - 954Kb - Download - Screenshot

Icon Constructor - advanced icon maker
Icon Constructor converts BMP, JPEG, GIF, PNG, PSD, TGA and TIFF formats into Windows icons. You can find many images on the Internet and convert them to icons for use on your Windows desktop, in applications and much more. It supports Windows XP icons in 32-bit color depth with an alpha... The simple Icon Constructor interface makes it easy to change the look of an individual folder. ... By clicking on this icon default e-mail client will start and you? ... With just a few clicks, any image you find on the Internet or create in a paint program can be turned into an icon.
http://www.iconconstructor.com/download/iconconstructor_setup.EXE - 3Mb - Download - Screenshot

Sib Icon Converter
Sib Icon Converter converts Mac OS icons, BMP, JPEG, GIF, PNG, PSD, WMF, PCX, TIFF, WBMP, XPM, XBM and CUR formats into multi-resolution Windows icons. You can add files and folders from Windows Explorer or other file shells using drag and drop. You also can paste bitmaps from the clipboard and... Sib Icon Converter allows you to extract icons from folders and libraries and place them into the directory of your choice. ... The application has a wizard interface, making it simple to process multiple files at once.
http://www.sibcode.com/downloads/icon-converter.exe - 1Mb - Download - Screenshot

Realistic Icons Collection
In our era of visual user interfaces, icons have become an essential component of software, help files, web sites, on-line publications and more. Hiring an icon artist is not an easy task. It's not a problem if you can hire a skilled full time artist. ... Finally, we came across the Realistic icon collection from Lokas, the developers of a well-known icon editing program. ... According to our experience, most freelance designers simply change a palette or a few effects to sell the same icon set again and again.
http://www.awicons.com/files/realisticicons.zip - 999Kb - Download - Screenshot

IconArt
IconArt is a highly-compact icon & cursor creator. Icons are used to illustrate programs and files. One example are the shortcuts on your desktop. Cursors are used for mouse pointers. IconArt allows you to either draw the whole icon or cursor from scratch using all common tools or to import an... It also comes compete with an update & enhance program and easy access to a simple reference guide. ... The layout is based on MS paint but has a large number of extra tools designed for the publication of both static & animated icons and cursors.
http://www.conware-pro.com/products/ia/iconart.exe - 537Kb - Download - Screenshot

Bee Icons
Since picture is worth a thousand words, visit www. BeeIcons. com before reading this description. Bee Icons 4. 0. 2 offers more than 200 pizzazz artistic images to replace your boring Windows system icons. You can spice up Desktop, Start menu, Drives, Folders, Files and other icon types. ... In addition to 200+ icons that come with the program, there are more than 50 best icon themes (http://www. ... The ready availability of new icon sets is an excellent feature, which gives me access to whatever suits my mood.?
http://www.beeicons.com/download_beeicset.php - 2Mb - Download - Screenshot

ICL-Icon Extractor
ICL-Icon Extractor is a handy tool for any fashion-conscious user. It allows you to scan and extract icons from virtually any location, be it a local file or folder, zip-archive, Mac OS file or a website. Collected icons are stored in libraries where you can easily sort or locate them and view... Added to this is the ability to export icons to ICO, PNG, JPG, CUR, GIF, XPM and BMP file formats; archive icons in ZIP files, delete duplicate icons and split icon libraries into individual icon files.
http://www.iconempire.com/downloads/iconextractor.exe - 1Mb - Download - Screenshot