ImageChef is a family-friendly site that allows you to create custom images for your blog, forum signature or general amusement. Without having to register any kind of account, you can modify text in a variety of image templates. The resulting pictures can be easily saved or emailed to friends.
ImageChef will host your pictures if you’re a registered user (registration is free), and provide the snip-its of code so that you can embed your artwork in your MySpace, Friendster or TypePad account.
source [downloadsquad]