I just did find Microsoft ICE (Image Composite Editor) a free panorama software.
I usually use Hugin which is also free but has more features and unlike Microsoft ICE it allows many manual adjustments.
So why would I use Microsoft ICE?
+ It's simple
+ It's fast
+ It does the job
+ I actually surprise by it's performance
+ It's free
- It's Microsoft
Here just a quick example (4 photos stiched with Microsoft ICE)
