Lion DiskMaker 2.0rc1 - Make a bootable DVD or USB key for Mac OS X 10.7.. (Free)

Lion DiskMaker 2.0rc1 - Make a bootable DVD or USB key for Mac OS X 10.7.. (Free): "Lion DiskMaker is an application programmed with AppleScript that you can use with Mac OS X 10.6, 10.7 or 10.8 to burn a DVD or build a bootable USB key from OS X 10.7 or 10.8.

Version 2.0:

• Compatible with OS X 10.8.
• Progress bars: now the copying process displays progress and the name of currently copied file.
• Uses Spotlight to find the OS X Installer file. It will of course find it if it is in /Applications.
• Use the Install OS X application OR the InstallESD.dmg file, if you prefer to keep only this one.
• The process to select the disk to erase is less clunky. Now all the disks are displayed in a neat list.
• Before erasing the disk, the dialog eventually displays the volumes that might be erased as well, thus preventing erasing a full disk mistakenly.
• If you choose an 8 GB disk, the full disk is erased in GPT format, making it easier to boot on it.
• Proposes a list of DVD burners (internal, external, USB, Firewire).
• Better burning process.
• New icon.
• New option to open Startup Disk Preference when the disk is ready.
• New alert sound when Lion DiskMaker has finished.
• The name of the disk now displays the OS sub-version (i.e. 10.7.4).
• Many tweaks and adjustments.

Mac OS X 10.6 or later.

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(Via MacUpdate - Mac OS X.)