QuickDMG allows you to make a disk image from a file or a folder with little effort. It has following features.
It is recommended to launch from a launcher of keyboard shortcut, as QuickDMG can create disk image from a selected item in Finder when launched. You can do so and avoid the need of dragging or selecting an item.
Disk images can be created by Disk Utility which is a built-in utility from Mac OS X. However, using Disk Utility can be complicated, and QuickDMG can make it easy.
A compressed disk image has a useful feature, which you can open the file without expanding it. This feature is not given by Zip or StuffIt archives. Therefore disk image files are very useful as the archiver.