Yes, but if we continue to rely on old formats, then the new one's don't get pushed...I used PNG as much as possible unless it's a very photographic image, then of course jpeg is necessary. And IE7 supports alpha channels in PNGs; people still using IE6 need to get on the wagon train.You are somewhat wrong. PNG files are great, but they still don't have complete support. The colors shift on older browsers and alpha channels don't work in IE (natively). GIFs and JPGs are still the way to go until PNG becomes widely accepted. I only use png if I need an alpha channel or if a gif doesn't look good enough. Most of the time it is sufficient.
Never used Freehand, but Illustrator is godly.