Bundah.com

Found a great little tool I thought I would pass along. Flavor Studios Tools & Resources has a generator for creating those cool icons. Provide the image and they do the rest. Heckuva lot easier than trying to do it yourself. It will create a full preview icon 256×256 .png, the apple-touch-icon.png. and a .ico file which contains 3 sizes (16,32,48).
You then download them as a zip file. This one is worth it’s weight in gold and is FREE

Here is an example. The first was the original the second was created by the generator.

Is that cool or what. Here is the link to the site:
http://www.flavorstudios.com/iphone-icon-generator