You might recall a couple months ago that I posted about Wordle, a browser based word cloud generator. I found a similar tool that runs locally and gives you several useful options that you don't get with Wordle.
Wordcram is a relatively new project by Daniel Bernier. If you plan to make a lot of word clouds then you should probably use it. I started using it because it give me better control over image size, font choice, and because the alternative (Wordle) isn't set up to save the output.
Wordcram is written as a library for Processing, an IDE that's relatively easy to learn. I picked up the basics in a couple hours on Saturday night while listening to a movie.
I'm still working on the word cloud, but I think the image up top is a good start. It needs a lot more words and some refinement, but this is going to end up as one (or more) of the headers for this blog.