SMAK version 1.0 is a multi-purpose 3d modeling utility. It can:
* Bake hi-res models down to lo-res with diffuse, AO and normal maps
* Bake AO maps for standalone meshes
* Load and save multiple file formats
among other things. The advantage of SMAK is that it's very fast and easy to use, and lets you preview the model as the map generates. The price is $30 and you can get it on the website:
http://getsmak.net/
This video demonstrates exactly how easy it is to generate maps with SMAK:
I'd love to hear what you guys think about the tool, any feedback gets "fed back" into the development of the tool. Thanks!