PeaZip 3.1.0

PeaZip can extract most of archive formats both from Windows and Unix worlds, ranging from mainstream 7Z, RAR, TAR and ZIP to experimental ones like PAQ/LPAQ family, currently the most powerful compressor available.

For archive creation, PeaZip supports a wide range of compression and encryption standards, from fastest to most powerful ones, and allows you to export job definition as scripts to bridge the gap between GUI and console applications, and let the user pick the best of the two worlds.

News source: Official website
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Nice to see that the application has vastly improved, especially with its right click context menu options. One thing still missing though is drag and drop extraction where you right drag a archive to another folder and select the extraction options from there.

This app improves on the dated 7zip GUI by a lot.