Compression: gzip, zip, bzip2

Which compression tool is the best? Of course, there is no "best tool" -- there are different tools for different jobs. It won't matter for compression of trivial data which method you choose, but when you start handling gigabytes of data, it might be prudent to check some of the following links. This is just a sample of all the compression algorithms out there, of course, and is skewed towards ones used more often on Linux.

General info links (to Wikipedia):

• Data compression
• ZIP -- .zip extension, zip and unzip commands; analogous to tar and gzip; used more on Windows
  
• Gzip -- .gz extension, gzip and gunzip commands
  
• Bzip2 -- .bz2 extension
  

Comparison links:

• Wikipedia comparison of file archivers
• Maximumcompression.com -- Data compression benchmarks and comparisons
  
• LinuxJournal article comparing compression tools