7-zip is simpler and extracts almost anything even exe files It is open source too Try beta version for updates
I use WinZip 15 Pro for compression ratio and use WinRAR for SFX, No issues about payment cause I *cough*Reverse Engineered them*cough*
I thought Winrar was free unless you paid them ...lol Actually IR4 was SFX until 3.0 when we got all code into one .ahk file
This is old news kinda, but WinRar 4.0 is available. Decent update to the 3.93. WinRar for me over winzip.
WinRAR 4.0 is only beta at the moment as for winzip neverused it since i started using WinRAR years ago
WinRAR, best out there, fastest and easy to use in my personal experience. 7zip in work seems ok too I guess for a freebie. IDK if winzip and 7zip have the option to create a set of rars though, like dividing an 800mb file into 16 x 50mb archives as not used them to that extent just yet.