1931
Hell freezes over, MS Paint adds support for layers and PNG transparency
(arstechnica.com)
This is a most excellent place for technology news and articles.
I used it back in my Windows days. Out of the box, I think it's the only way to do rich text on Windows. Also (used to be anyway) one of the less resource intensive options.
You know, for when you've got Napster, Winamp (with visualisation), ICQ, and MSN all up and barely running. You don't want to have to run, like, WordPerfect at the same time! Your MP3s will start skipping :p