Using Farrago’s Object-Creator you can create all sorts of objects based on images. Aside from just importing camera pictures, you can also import pictures you make yourself or find online- including .png’s with existing Alpha.
In the example above I grabbed a great .png of a wasp posted by phil-are-go (http://phil-are-go.blogspot.com/) and saved it to my photo album (in Safari you just touch and hold down on an image to save it to your camera roll)
Then while in Farrago’s Object Creator, you just select the newly saved image from your photo album . As you can see, it keeps the alpha (erased part) and you can apply it to any object template you like.
(We included this object in the Farrago Library in case you might want to check it out)