Clif Notes Freeware and Website Reviews
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 Disk 7-Zip - file compression manager
7-zip is a open source zip file manager that is small, very fast, and does a really great job. I don't need any other zip programs because this one does it all and it's really simple to use. I typically leave Windows in charge of zip folders and send them to 7-zip if they need any special treatment. I put 7-zip in charge of all the other compressed formats.
Quote from the website
Highest compression ratio in new 7z format
7-Zip is free software distributed under the GNU LGPL
Supported formats: 7z, ZIP, CAB, RAR, ARJ, GZIP, BZIP2, TAR, CPIO, RPM and DEB
For ZIP and GZIP formats 7-Zip provides compression ratio that is 2-10 % better than ratio provided by PKZip and WinZip
Self-extracting capability for 7z format
Integration with Windows Shell
Powerful File Manager
Powerful command line version
Plugin for FAR Manager
Localizations for 41 languages
Clif Notes Freeware and Website Reviews