Simply double-click an item from the library panel shown here to begin applying all manners of Skitch editing. Another feature that brings the 'hybrid' element to the table is Skitch's tight integration with web services. Skitch can send pics to FTP, .Mac and even Flickr accounts, but it also integrations with a new MySkitch service that will debut. MySkitch does a lot of interesting things, like giving you embed code for zoomable thumbnails (ideal for the likes of eBay and blogs with thin columns), a direct link for sending in email and even forum-friendly embed code. Skitch doesn't stop there though: you can also remove images from these web services directly from within Skitch, effectively making it a one-stop management shop for your images both local and otherwise.
That's enough blabbing about features for now though. The folks at plasq were kind enough to allow us to publish an exclusive Skitch screenshot gallery, and published we have. Check out more screenshots of Skitch's good side, and don't forget to hit up plasq's mailing list for a chance to snag your own copy when they release an upcoming public beta.