If anyone's curious why I'm always doing the little #LossyPNG dance, it's because you can get some crazy good compression sacrificing color depth, instead of using a traditional lossy algorithm which gives you good compression by sacrificing detail:
tmp $ ll kate*
-rw-rw-r-- 1 rld rld 124,117 Feb 23 12:51 kate-kwrite1.png
-rw-rw-r-- 1 rld rld 23,710 Feb 23 12:51 kate-kwrite2.png
-rw-rw-r-- 1 rld rld 19,936 Feb 23 12:54 kate-kwrite3.png
-rw-rw-r-- 1 rld rld 18,572 Feb 23 12:55 kate-kwrite4.png
186335 total
tmp $ colors kate*
kate-kwrite1.png (unknown)
kate-kwrite2.png 16
kate-kwrite3.png 9
kate-kwrite4.png 8
(kate-kwrite1.png was the original (truecolor) screenshot)
(kate-kwrite2.png was automatically reduced to 16 colors by ImageMagic)
(kate-kwrite3.png was reduced to 9 colors by hand-picking dominant colors in GIMP)
(kate-kwrite4.png was reduced to 8 colors by hand-picking dominant colors in GIMP)