Make a nice status for Yahoo Messenger 9 / 10 entirely from emoticons. Select the desired emoticon from the right panel and click on an emoticon from the left panel to change it to the selected one.
Now a new version with more emoticons and some new functionalities: fill the workspace with the desired emoticon, select an “eraser” emoticon (double-click an emoticon from the workspace to “erase” it). And now you can save the generated Emoticon Status as an image.