I have finally finished my tool for DXT compression.
You can read about it and find the download link here.
There are many options already supported and many more to come. I made the commands mostly compatible with those of nVidia’s tool to make it easier for those using it.
Feedback is welcome.
The algorithm is posted here:
DXT Compression Revisited
Edited by L. Spiro, 10 October 2012 - 04:33 PM.