Quote:
Originally posted by Chapter7
It has some innate gamma correction, well you can learn more about PNG here, http://www.w3.org/TR/REC-png
I didn't read about being able to have more than 256 colors though unfortunately 
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you can get 24bit (16.7 million colours) and 48 bit (281 trillion) PNG's although there is the "optimized pallette" 256 colour version.. now, the main difference for my uses between standard GIF and a PNG is the alpha channel - a GIF only supports 1 colour alpha, leaving shitty pixelated edges, whereas a PNG has a full alpha channel giving it millions of alpha colours - allowing for fine gradiated edges and feathering.. PNG is a superior format.. but i still only use PNG's in flash.