rumour is the GIF license is free again. Compuserve gave it up. Free software
will (in time) be able to support it again ... if they wish...
I didn't know that. That's great, if it's true.
Another thing to consider: one of the important benefits of the GIF file format (transparency) is also part of the PNG format. PNG also supports 24-bit color, while GIF supports a measly 8-bit maximum (paletted) color depth.
I do not believe that standard PNG supports animations, though.
-chris
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