If you use the FSX version of ImageTool, it flips the bitmap 180deg before saving - a requirement for FSX .dds files. You have been warned!
Hi
Yes I noticed that when testing, and I tested both the SFX SP1 and SP2 version as mentioned above. But those versions of ImageTool are not good if you want good quality Mipmaps in CFS3, not on my computer anyway!

The result is very similar to those I got using the Nvidia plugin.
Cheers
vonOben