Rounding Corners on a photo?

[ohsnap]

I'm currently using Photoshop7, and I was wondering if anyone could explain how to round the corners of a photo?
I've seen a couple tutorials on other sites, but I am completely lost.
If someone could help me out, I'd really appreciate it.
Thanks in advance :]

x's and o's,
sam

 

[CDailey]

Open a new image (or crop an image to whatever size you want [also, make sure that you have a transparent background on the image you are working with or it wont work.]) Then take the rectangular marquee tool and select most of the image leaving about 1-2px all the way around. Go to Select > Modify > Smooth. The number of pixels should be around 6. Then hit ctrl+shift+i to inverse the selection and hit delete. Then save as a gif with transperancy. Here is a screen of how you should save your image.

 

[Omero]

Actually, I would do it by selecting the Rectangle shape tool, and then adjusting the radius as desired. Then, go into the layers palet, and right click on the thumbnail of the shape. Scroll down to "Select Layer Transparency," highlight the layer of the original picture, and then copy and paste. Delete all the extra layers and save as a gif; preserving transparency...