PanoramaMaker by ArcSoft is a great software package to produce panoramas of all sizes and degrees. We particularly like the program because it is:
- Very user friendly compared to many opensource programs that are available;
- Inexpensive;
- Robust and produces high end photos and panoramas;
- Able of processing RAW formats.
We shoot all our pictures in Nikon Raw format (NEF). Pictures in this format contain much more information than JPGs and Panoramamaker seems to make use of the extra information. Below are screenshots of the program.



