God point AVGWarhawk and melnibonian:yep:
I can only think you are not looking in My computer/Ubisoft/SH3:hmm:
Look towards the bottom of this folder.

Thats why I question is the correct file being looked at for the screenshots....very odd that you are looking at TGA files and not BMP files:hmm:

I think by default the screenshots are stored in the C\Program Files\Ubisoft\SH3 isn't it?? Unless of course you changed something in the settings. It's really strange

Definately the screenshots. I've taken several sequential shots and they all end up as .TGA's in the C\Program Files\Ubisoft\SH3 folder with the date as the name. This started after I loaded TGW and the HiRes fix prior to that it was .BMP in the same place. If anything I think it is the HiRes Fix that's done it. I've noticed this entry in the .ini file in the SH3 executable directory:

;
; DX9res Settings
; by Kegetys <kegetys@dnainternet.net>
;
; Note that this config is reloaded on device reset, so you can task switch out
; of the game, change settings from this file and then return
;

[config]
; ResX: Horizontal resolution setting
; ResY: Vertical resolution setting
; useFiltering: Use linear filtering for UI elements
; enableScreenshots: Hook printscreen keypress to save TGA screenshot
resX=1600
resY=1200
useFiltering=1
enableScreenshots=1
screenshotPath=c:\Documents and Settings\Grant\My Documents\SH3

[gamma]
; setGamma: Override gamma ramp
; gammaRed: Red channel gamma (1.0 = normal, decrease to add brightess, increase to darken)
; gammaGreen: Green channel gamma (1.0 = normal, decrease to add brightess, increase to darken)
; gammaBlue: Blue channel gamma (1.0 = normal, decrease to add brightess, increase to darken)
setGamma=0
gammaRed=1.0
gammaGreen=1.0
gammaBlue=1.0

I'm not sure but even if I disable this option take out the .dll files etc I still only get .TGA's with transparent textures.:damn: