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does painter 8 have a ellipse tool for drawing ellipses?
To draw an elliptical selection, use the Oval Selection tool.
To draw an elliptical Shape (vector based), use the Oval Shape tool.
To make either a round selection or a round Shape, hold down the Shift key while dragging to create the selection or Shape.
To learn more about how to use selections and Shapes, read the Painter 8 User Guide:
Chapter 12 Using Selections
Chapter 19 Using Shapes