Thanks to yashiro for sending in this info.
This update addresses several graphics rendering issues with GDI+ in Windows XP. For those experiencing problems viewing, editing, or printing some images in Windows XP.
System Requirements:
Windows XP Professional or
Windows XP Home Edition
View: MSKB - Problems Viewing, Editing, or Printing Some Images in Windows XP (Q318966)
Download: Windows XP Patch for GDI+ Graphics Rendering Issues (1835kb)