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FastStone Capture 5.3  FastStone Capture 5.3 Portable
System Req: Win XP - 7
Direct Download FastStone Capture 5.3 Screenshot

A nice, easy to use and small tool (just over 1MB) that does the basics and more.
Features include capture windows, objects, full screen, rectangle/freehand-selected regions and scrolling areas, drop-shadow, torn-edge effects, add comments, text/arrowed line/highlight/watermark annotation and more. I really like the fact that it's not a memory hog as well. NOTE: LAST FREEWARE VERSION

Screenshot Captor  Screenshot Captor Portable
System Req: Win XP - 10
Download Page Screenshot Captor Screenshot

Another great screenshot capture tool. I've never seen another program like this that has as many features. It gets updated regularly and it's all you need. This is what you would expect from a paid program.
It's definitely a keeper, get it while you can

System Req: Win XP - 7
Download Page MWSnap Screenshot

Excellent screen capture tool, can capture any part of the screen you want.
Highly recommended

Wink  Wink Portable
System Req: Win XP - 7, Linux
Download Page Wink Screenshot

This program allows you to create tutorials for presentations.
It uses the flash plugin and is very useful for tutors and alike.
It allows you to capture screenshots, record voice, add explanations boxes, buttons, titles etc. It also comes with great examples and instructions to use

CamStudio 2.0  CamStudio 2.0 Portable
System Req: Win XP - Vista
Download Page CamStudio 2.0 Screenshot

Very much like wink. Create AVI or Flash (SWF) movie files for use in software demonstrations and active presentations.
This is the last freeware version, so get it while you can.
If you want Vista compatability please download the 2.5 beta version from here