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It is the beta of the advanced logon editor for Windows 7. With it, you can't only change the background image with one click, you can also set the button transparency and the text shadow.
Additionally to that, every advanced Logon Editor can easily save a preview of the logon (no virtual machines needed anymore), with the user picture of his choice, a user name of his choice and a windows branding of his choice!
If you have already started using Windows 7 it's time you should be ready for all the tweaks and software to get all customization you had been looking for Windows 7.