I currently ran into the issue that I do not have the money to buy/rent any professional captchaing service. So I tried to look around for OS captcha generators, and captcha designs.
I also had a brief brainstorm about my own and simple captcha design.
Do you have any preferences, or can give me a good advice handling captchas in PHP without having huge perfomance leeks?
(My attempt to design a simple captcha: .pdf)
EDIT: Thanks to all of you, I am sorry for only giving one "right-answer", but +1 for every good answer ;)