media-gfx/imagemagick-6.3.5.9  USE="X jpeg mpeg perl png tiff truetype xml zlib -bzip2 -doc -fpx -graphviz -gs -hdri -jbig -jpeg2k -lcms -nocxx -openexr -q32 -q8 -wmf"

1. Emerges on AMD64. 
2. No collisions etc. 
3. Works - have tried to convert images with convert tool. 

Portage 2.1.2.12 (default-linux/amd64/2007.0/desktop, gcc-4.1.2, glibc-2.5-r4, 2.6.22-gentoo-r2 x86_64)
=================================================================
System uname: 2.6.22-gentoo-r2 x86_64 Intel(R) Core(TM)2 CPU 6600 @ 2.40GHz
Gentoo Base System release 1.12.9
Timestamp of tree: Wed, 19 Sep 2007 21:50:01 +0000
distcc 2.18.3 x86_64-pc-linux-gnu (protocols 1 and 2) (default port 3632) [enabled]
ccache version 2.4 [enabled]
app-shells/bash:     3.2_p17
dev-java/java-config: 1.3.7, 2.0.33-r1
dev-lang/python:     2.4.4-r4
dev-python/pycrypto: 2.0.1-r6
dev-util/ccache:     2.4-r7
sys-apps/baselayout: 1.12.9-r2
sys-apps/sandbox:    1.2.17
sys-devel/autoconf:  2.13, 2.61
sys-devel/automake:  1.4_p6, 1.5, 1.6.3, 1.7.9-r1, 1.8.5-r3, 1.9.6-r2, 1.10
sys-devel/binutils:  2.17
sys-devel/gcc-config: 1.3.16
sys-devel/libtool:   1.5.24
virtual/os-headers:  2.6.21
ACCEPT_KEYWORDS="amd64"
CBUILD="x86_64-pc-linux-gnu"
CFLAGS="-march=nocona -Os -msse3 -pipe -fomit-frame-pointer"
CHOST="x86_64-pc-linux-gnu"
CONFIG_PROTECT="/etc /usr/kde/3.5/env /usr/kde/3.5/share/config /usr/kde/3.5/shutdown /usr/share/X11/xkb /usr/share/config"
CONFIG_PROTECT_MASK="/etc/env.d /etc/env.d/java/ /etc/gconf /etc/php/apache2-php5/ext-active/ /etc/php/cgi-php5/ext-active/ /etc/php/cli-php5/ext-active/ /etc/revdep-rebuild /etc/splash /etc/terminfo"
CXXFLAGS="-march=nocona -Os -msse3 -pipe -fomit-frame-pointer"
DISTDIR="/usr/portage/distfiles"
FEATURES="ccache collision-protect distcc distlocks metadata-transfer multilib-strict parallel-fetch sandbox sfperms strict test"
GENTOO_MIRRORS="http://ftp.belnet.be/mirror/rsync.gentoo.org/gentoo/ http://trumpetti.atm.tut.fi/gentoo/ http://ftp.snt.utwente.nl/pub/os/linux/gentoo http://ds.thn.htu.se/linux/gentoo"
LC_ALL="en_DK.utf8"
MAKEOPTS="-j6"
PKGDIR="/usr/portage/packages"
PORTAGE_RSYNC_OPTS="--recursive --links --safe-links --perms --times --compress --force --whole-file --delete --delete-after --stats --timeout=180 --exclude=/distfiles --exclude=/local --exclude=/packages --filter=H_**/files/digest-*"
PORTAGE_TMPDIR="/var/tmp"
PORTDIR="/usr/portage"
PORTDIR_OVERLAY="/usr/portage/local/layman/php-testing /usr/local/portage"
SYNC="rsync://rsync.europe.gentoo.org/gentoo-portage"
USE="X a52 aac acl acpi aiglx alsa amd64 apache2 arts atk berkdb bitmap-fonts cairo cdr cli cracklib crypt cups dbus dga directfb dri dts dvd dvdr dvdread eds emboss encode evo fam fbcn ffmpeg firefox fortran ftp gd gdbm gif gphoto2 gpm gstreamer gtk hal iconv icq ieee1394 ipv6 isdnlog java jpeg kde kerberos lm_sensors mad midi mikmod mjpeg mmx mozilla mp2 mp3 mpeg mplayer msn mudflap ncurses nls nptl nptlonly ogg oggvorbis opengl openmp pam pcre pda pdf perl png ppds pppd python qt qt3 qt3support qt4 quicktime readline reflection samba sdl session spell spl sse sse2 sse3 ssl svg tcpd test threads tiff truetype truetype-fonts type1-fonts unicode vorbis x264 xcomposite xml xorg xscreensaver xv xvid zlib" ALSA_CARDS="ali5451 als4000 atiixp atiixp-modem bt87x ca0106 cmipci emu10k1x ens1370 ens1371 es1938 es1968 fm801 hda-intel intel8x0 intel8x0m maestro3 trident usb-audio via82xx via82xx-modem ymfpci" ALSA_PCM_PLUGINS="adpcm alaw asym copy dmix dshare dsnoop empty extplug file hooks iec958 ioplug ladspa lfloat linear meter mulaw multi null plug rate route share shm softvol" ELIBC="glibc" INPUT_DEVICES="keyboard mouse" KERNEL="linux" LCD_DEVICES="bayrad cfontz cfontz633 glk hd44780 lb216 lcdm001 mtxorb ncurses text" USERLAND="GNU" VIDEO_CARDS="radeon"
Unset:  CTARGET, EMERGE_DEFAULT_OPTS, INSTALL_MASK, LANG, LDFLAGS, LINGUAS, PORTAGE_COMPRESS, PORTAGE_COMPRESS_FLAGS, PORTAGE_RSYNC_EXTRA_OPTS