TImage has a lot of advantages such as fast scrolling and you don't have to
worry about what areas to paint etc... Whereas the PaintBox requires you to
handle the painting yourself and usually ends up being a lot slower unless you
throw in a bunch of logic to determine what section to paint so you are
repainting the whole thing on each call to the TPaintBox ondraw method.
On the other hand a TImage uses exta resources than a TPaintBox would. So, if
you are only going to use a couple of them, then use the TImage, otherwise you
may want to think how you lay things out.
IE: You could have 3 TPaintBoxs that could refer to the same TImage, but
represents it in a different way whereas if you did it all with TImages, then
you would have many bitmaps assigned instead of one.
Davie