Here is another useful utility from smallApps by Dani. SCIT 1.0 let's you change the image format for the screen capture function.
The known image types are:
BMP, GIF, JPG, JP2, PCT, PDF, PNG, PSD, TIF
The changes takes effect immediately, no need to logout and then re login.
Requires Mac OS Tiger (10.4 or above).
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An aspiring photographer, a passionate technologist, a husband, a father.