Microsoft Image Composite Editor

[buffalobill]

This is a really neat and easy freebie from Microsoft Labs for stitching composite pics like panoramas. I can recommend it:
http://research.microsoft.com/en-us/downloads/730cd6bb-6450-4e66-8101-a94e71cb0779/default.aspx

 

[synapseZA]

Thanks will check it out. I do quite a lot of panoramas and usually use the open source Hugin. It also works very well.

EDIT: I quickly tried it with some raw images I had and it does work very well - fast as well. No advanced settings (ie projection type etc), but very nice quick tool.