It is a great archiver especially for the price when you need to archive a truly large amount of data. For example, if you have lots of files like a several GB software development project.
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Another good example, is you need to backup a 30-50 GB of virtual machine data files. In large data cases I usually have lots of time and I want to get the best compression ration. FreeARC produces that best compression ratio and that's what I value it for.
UI is a bit confusing, but I can not complain for the price. This may seem outdated, but you should take another look. For absolute compression size vs speed, this remains the best option.We are migrating a very large amount of data across the 'net to an Amazon cloud setup.
When it came time to migrate large files, we tested 7z, WinRar, ZHuff, and FreeArc, because we needed command line versions of the applications. When running at comparable compression speeds (in KBpS compressed), FreeArc was significantly better than any of the other options, and when run at maximum compression, blew away all of the other tested compressors at their maximums in terms of size vs time.It is old, and minimalist, and has some issues that need to be fixed (i.e. Clicking the 'Background' button on the GUI does not reduce the process priority on Windows - it just hides the interface). But for file compression in a reasonable time, it is well worth it.