+2  A: 

Try the online LaTeX equation editor:
http://thornahawk.unitedti.org/equationeditor/equationeditor.php

Martin Cote
Learn LaTeX, and you can then take your knowledge offline.
John Flinchbaugh
A: 

I use the TeXer for creating images from LaTeX. It creates gifs with transparent background.

John D. Cook
A: 

I use Roger's Online Equation Editor.

PNG, colors, transparent background and anti-aliasing are all included.

goodrone