ToYcon is a standalone program (NO INSTALLATION REQUIRED) Creating an icon can take more time than it seems. This is what its always great to have tools that can automate the whole process and make it lighter on you.

ToYcon lets you create icons by simply dragging and dropping images onto its box shaped interface. The program supports all the popular graphic formats and converts them right to ICO as soon as you drop the file on its interface. The resulting icon is saved in the same folder as the original image with the same name, though you can set the program to ask for destination after each conversion.

Despite its simplicity, ToYcon is quite a handy tool with support for several sizes and color depths. It doesnt really have many configuration options but its very easy to use and works fine. Plus it doesnt require installation, so you can simply unzip the archive wherever you want to save the program and youre ready to go.

ToYCon is probably the easiest and fastest way to generate icons from your image files.
Pros
No installation required
Support for several sizes and color depths in icons
You can have the program pinned to desktop or minimized to tray
Cons
Not many configuration settings

ICONS:
within are over 30,000 Icons. Some of them started out as jpeg or png files.