Believe me, it's not a "waste of time." I love doing these things. It's actually quite fun.
I've made lots of sig gifs, cursors, icons, Winamp skins (they sucked), MikroAmp skins, and some other stuff. I've got some more MikroAmp skins to make and send off to Jayn so that she can put them up on her site.
I'll make you a sig gif so that you can choose which one you like better, k?