Thanks to GBM Reader Kenneth Auchenberg for this. After my post earlier this morning looking for a way to restore right-click image resizing functionality to Vista the way that the ImageResizer Powertoy offers for XP, Kenneth points us all to VSO Image Resizer. This little utility can run stand alone and it adds an option to the right click menu! Huzzah! It also lets you choose which folder to store the resized images in along with some other features. Guess what else? It is free.
Check out VSO Image Resizer here.