When drawing icons with the graphic icon editor, you can designate some pixels as "transparent" or "opaque" by selecting one of the two monitors at the middle top portion of the color palette. The pixels are then drawn red (opaque) or dark cyan (transparent). But when the icons are displayed (in list view or explorer window), the meaning of "transparent" and "opaque" are not intuitive. Example: in a list view, transparent pixels are black and opaque pixels are white (opposite of what I expected).
Can you clarify this topic?