With ArtCursors 5.25 you can:
Create and edit static and animated cursors in color depths up to 16 million colors
Create and edit cursors for Windows XP in 32-bit color depth with 8-bit alpha channel
Create and edit animated .gif images
Create and store images containing several layers
Paint images with gradient and chess fill
Modify images with drop shadow, opacity, smooth, negative, grayscale, colorize, rotate, roll and mirror effects
Import cursors from .cur, .ani, .ico, .icpr, .wmf, .emf, .bmp, .wbmp, .jpg, .gif, .xbm, .xpm and .png files
Export cursor images to .cur, .ico, .icpr, .bmp, .jpg, .gif, .png, .xbm, .xpm, .wbmp and .rc files
Export animated cursors to animated .gif images and image list bitmaps
Extract cursors from Windows executables, libraries and animated cursor files
Create cursor libraries for better and more efficient storage
Collect cursors from folders and subfolders into libraries
Work with image lists in BMP and PNG formats
Delete identical cursors in libraries
Drag and drop files from file shells
Drag and drop cursors from one library to another
Drag and drop cursor images from one cursor to another
Copy and paste cursors in libraries
Copy and paste images to other applications