This a very nice looking app but has issues (Take 2)

THE PROs
clean interface layout
good use of the inspector panes
intuitive icons
frames numbered
Selected Frame box and insertion indicator
Speed in FPS or Frame Delay
Text Captions, has Text Alignment, outline, full access to System Fonts, and full featured shadow component
The Sticker and importing graphics as overlays
Saves as Flattened Gif
Save offers to send file to a Blog, Mail and iMessage, as well as file.
These are the reasons I wanted to give this app 5 stars.

THE CONs:
Missing Undo & Redo
No New Project, you start with an import
Does not Save Custom Frame Sizes
All Frames set to the exact same speed
No Raw Project Save or Load (Solution is an XML file and Frame numbered images in a single folder)
New imports always ends up at the end of the project, even if you insert it after frame 1.
No play controls in the save drop down.
Pause is Stop, when you play it starts from Frame 1
Overlay doesnt read current frame, always set to 1 and End.
Only one project at time (this is limiting)
No Multi Frame Select: you have to move one Frame at a time, this coupled with the all inserted images at put at the end of the project.
This app also has some Issues, which forced the reduction to 3 stars.

Haslor about PicGIF