Thanks a bunch, this is just what I needed when I had no time to download and install a dedicated program! 
This tool converts images like .png, .jpg, .bmp, or .gif to a Windows icon (.ico). For best results, the image should be properly prepared before converting it.
This tool converts your existing image to an icon (.ico file) that you can use to customize a shortcut or a folder. You can also use the created icon as a fav-icon for your web.
Get a more advanced tool or learn a few tips and tricks related to icon creation.
Thanks a bunch, this is just what I needed when I had no time to download and install a dedicated program! 
Man your a boss 
OMG this is exactly what I have been looking for. I am a quilter and save patterns on my computer but without a picture I can't tell what the pattern is without opening the folder. This is wonderful I icon is large enough that I can actually see what the quilt looks like. Love I
rely thanks
this is the best. It works very good and is easy to use. awesome
Simple and perfect. Thanks a lot!
thanks buddy.... awesome
Very useful!!! Million thanks
BEST THING EVER!
Now I can make all my Icon Ponys from My Little Pony!
hehe..
Derpy for Minecraft
Rarity for iPhoto
Super easy and works 100%!!! how may i thank you!! you consider it as if you saved someone's grade!!!
:-D
Find out how Vista icons differ from XP icons.
See how RealWorld Icon Editor handles Vista icons.