How to make a favicon for a website and do they add value to SEO.?

We have been working on a new Filehosting site http://www.myfilesforever.com but i have always wanted to add a favicon to finish the appearance of the site off but how does one get a favicon made do you have to buy software to do it ??? and also does it add value in relation to SEO as i cannot seem to find any information about it





Thanks





Admin @ http://www.myfilesforever.comHow to make a favicon for a website and do they add value to SEO.?
How to Make a Favicon (Free Online Tools):





What is Favicon.ico and How to Create a Favicon Icon for Your Website: http://www.thesitewizard.com/archive/fav鈥?/a>





http://www.rw-designer.com/online_icon_m鈥?/a>


http://www.html-kit.com/favicon/


http://www.chami.com/html-kit/services/f鈥?/a>


http://tools.dynamicdrive.com/favicon/


http://www.degraeve.com/favicon/





http://www.favicon.co.uk/


http://www.favicon.cc/


Online fav-icon creator: http://www.rw-designer.com/online_icon_m鈥?/a>





Favicon Validator: http://www.html-kit.com/favicon/validato鈥?/a>How to make a favicon for a website and do they add value to SEO.?
These two articles tell you how to do it - http://www.small-business-software.net/o鈥?/a>





What is a Favicon - http://www.developer-resource.com/what-i鈥?/a>





Goodluck