Tangkap introduced me to their sweet screen capture app that is currently my favorite screenshot app on my BlackBerry. Tangkap Layer is totally free and gives you all the basic screen capture functionality you need without all of the annoyances. It allows you to set the image format you wish (JPG/PNG/GIF/BMP) along with also giving you the ability to set the image quality from 10%-100% which allows for smaller images. The other nice part is that unlike other screenshot apps there are no watermarks or logos. It also offers you the easy ability to share the screenshot over email.
I have asked Seal555 if they plan on keeping Tangkap layer free and he confirmed that they have no plans of charging for it. I also asked them to add an option to email screenshots directly from the main screenshot menu instead of having to hit share first and they plan on researching it. Now all they need is the ability to queue up screenshots and post to Twitter and I am golden.