The new version of background image is now ready for use. The only change that was made was to reduce the amount of cpu it consumes.
In previous versions it would calculate the viewable size of the screen and scale the image to that size. It would then cache up to 10 of these sizes in a WeakHashMap. This made for best image size. Several people noticed a high cpu utilization because of this.
The new version will scale the image one time to the biggest size that it could ever show in idea (approximation) and then clip the rest of the image as your viewable space in the editor changes.
So in short the new version does not resize the image as much so the cpu and memory utilization is way down but it may clip the image as your editor size changes.
If anyone has any suggestions on another alternative please let me know.