Gimp is actually very decent and does a few things that Photoshop doesn't do. It has some very kewl filters built-in and you can download more. On a Mac it is very easy to install with just a few clicks of the mouse and runs in the Mac's X11 environment.
But I still use Photoshop/Imageready all the time. Mostly because this is what I've been using for the past 15 years so I really know the program plus I prefer its Mac interface over Gimp's *nix interface. It also does some things that Gimp doesn't do.
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