I have a WinForm and I set a transparent PNG image for the label. In Windows XP, the transparency displays properly, but in Windows 7, the white text (as seen in the example URL below) becomes transparent (it should be solid white). I'm also wondering if there is a way to smooth the edges of the transparent image so it isn't as choppy.
label1.Image = global::WinProgram.Properties.Resources.image_name;
Example: