IconEasel 98 is a complete Windows icon and cursor editor, including animated cursors, and it also sports all the standard drawing tools you'd expect in an editor, plus dithering tools, gamma adjustment, RGB adjustment, Gradient Fill, Text Tool, complete Rotation, and much more. With support for icons ranging in size from 16x16 to 48x48 and colors from monochrome to 24 bit truecolor, this should fill your icon editing needs.
