Inkscape - Open source scalable vector graphics editor

Inkscape is an open-source vector graphics editor similar to Adobe Illustrator, Corel Draw, Freehand, or Xara X. What sets Inkscape apart is its use of Scalable Vector Graphics (SVG), an open XML-based W3C standard, as the native format.
What are vector graphics?
In contrast to raster (bitmap) graphics editors such as Photoshop or Gimp, Inkscape stores its graphics in a vector format. Vector graphics is a resolution-independent description of the actual shapes and objects that you see in the image. A rasterization engine uses this information to determine how to plot each line and curve at any resolution or zoom level.
Contrast that to bitmap (raster) graphics which is always bound to a specific resolution and stores an image as a grid of pixels.
Vector graphics are a complement, rather than an alternative, to bitmap graphics. Each has its own purpose and are useful for different kinds of things. Raster graphics tend to be better for photographs and some kinds of artistic drawings, whereas vectors are more suitable for design compositions, logos, images with text, technical illustrations, etc.
Note that Inkscape can import and display bitmap images, too. An imported bitmap becomes yet another object in your vector graphics, and you can do with it everything you can do to other kinds of objects (move, transform, clip, etc.)
What is 'Scalable Vector Graphics'?
Scalable Vector Graphics (SVG) is an open, industry-standard XML-based format for vector graphics developed by the W3C. Its acceptance is growing fast. Most vector editors these days can import and export SVG, and modern browsers (such as Firefox and Opera) can display it directly, i.e. without requiring any plugins. (For Internet Explorer, there's an SVG Viewer plugin from Adobe.) For more information, see SVG topics below.
Is Inkscape ready for regular users to use?
Yes! While Inkscape does not have all the features of the leading vector editors, the latest versions provide for a large portion of basic vector graphics editing capabilities. People report successfully using Inkscape in a lot of very different projects (web graphics, technical diagrams, icons, creative art, logos, maps). For example, thousands of images on Wikipedia are created_with_Inkscape, as is the majority of the content on openclipart; many examples of Inkscape art can be seen here and here. We try to always keep the codebase usable for real users, as we believe that a tight iteration cycle between users and developers will give best results. You can start using Inkscape alongside your other tools now!
What platforms does Inkscape run on?
We provide source tarballs for Linux (binary packages are offered by the distributor), packages for Windows XP/Vista/7 (fully self-contained installer), and Mac OS X (DMG). We know that Inkscape is successfully used on FreeBSD and other Unix-like operating systems. Note that Windows 98/ME and 2000 is no longer supported.