Tim Lauer recently pointed to Picnik and after just a few seconds of playing around I already love it from every angle. It’s free online photo editing, it does more than iPhoto (which is one of the few things I haven’t liked about my MacBook), it integrates with Flickr in a snap, and it’s got a healthy dose of Web as app wackiness about it. (Just read the phrases that come up as you create and account and upload photos.)

So I ask, seriously, are we at the point where the Web based stuff is almost as good as the pay to put on your computer stuff? Or, at the very least, is it good enough to compete with the 20% of what we actually us of the software we buy? Google Docs, Podomatic, YouTube, Zoho, JumpCut, now this…

Pretty cool if you ask me.

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