WordPress.org

Author: Jure Ham

Banner generator generates banner with your blog name and last posts title.

Style is completely customizable. You can change text font, size, color and position, background color, border and round corners or use your own background image. Now you can even use your own logo instead of a blog title.

http://hamsworld.net/blog/2009/06/06/wordpress-plugin-banner-generator-2/

Fix for PHP < 5.1.0