It is often useful to be able to convert an exe file to a string which will be able to reproduce the exe file. This can be used in a variety of ways (send by email, from an SQL injection, etc.).
I remember reading this ages ago, and a couple of weeks ago I decided to give it a try.
I was amazed to see not only that this works, but that it even works on Windows7. Granted you do need some extra steps to make this happen in the later.