I found this super tool on VistaVG.com, and I suggest you give a look at it.
Making reflections is many times faster than in Photoshop. It is also done in a few clicks..

www.reflectionmaker.com

Hi Bro,

can you show me an example (picture) what is it good for ?  

Stupid me
 

Hi,
It is realy good !!!   It is fast and beautiful ! One default: there is no transparent background

Thanks a lot Legace  

I've made an example for you, Breakfastclub:
BEFORE

AFTER
reflectedImage.png

It is Troyenne's avatar (i have taken it in the homepage whithout her autorisation   )

Thank you  

That's a very useful software , shouldn't this topic be placed here ?

Topics cant be created there.. They have to be moved by the Mods

Should move it there ?

Yeah, it would be nice..

Nice website Legace!

Thanks for sharing. I'll give it to people who haven't got any software for this and want to do it fast.

Ooops, Troyenne has changed her avatar
I will edit my first post

I've done it for you CustMax

This is the new avatar of Troyenne

That is one awesome thing

Thanks alot!