Yes, I would definitely say “Best image hosting script“. Ali Imran developed this script in his spare time because there were hundreds of people looking for this script and we had so many requests, so Imran developed it. I would presonally thank him for his time and effort.

Core Features

NO MySQL (No Database)
Fastest among all imagehosting scripts on internet (yes it is claimed)
100% FREE

Package is provided alongwith automated installer that requires just one click to go. Secondly installer creates and verifies the sub-folders itself, so you do not need to chmod everything. Besides a help file HOW_TO_INSTALL.txt is also dispatched with the zip package that entails almsot every action needed to perform safe install. You can find out more about its features here.

Download the latest version here
http://www.image-host-script.com/