ArtCursors

From Aha-soft:

ArtCursors contains all tools you need for creating and editing Windows cursors and managing cursor libraries. The program is friendly enough for the casual user who wants to tweak a couple of standard .CUR files, yet powerful enough for the professional graphic designer who needs to create complex animated cursors and manage large cursor libraries. Using this program you can create and edit static and animated cursors with image formats in either standard or custom sizes, with color depths up to 16 million colors. It supports smooth cursors in 32-bit color depth with 8-bit alpha-channel. Paint tools include: color replacer, color selector, spray can, pencil, brush, flood fill, text tool, line tool, rectangle, curve, ellipse, 3d frame and enhanced gradient and chess fill. You can set cursor hot spots and test cursors.

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