VectorMagic: convert bitmaps to vector online
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VectorMagic from Stanford University Artificial Intelligence Laboratory is a pretty interesting tool. You upload a bitmap image, give a few parameters about it, and you get a vectorized version back.
Here is how it dealt with the Midgard 1.x logo (with a small set of colors):
Via Boing Boing.
Technorati Tags: image, conversion, vector