Simple tools

With the latest update, Evernote's toolbar added a highlighter, select-and-move tool, and pixelation tool for blurring portions of images.
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Annotate (just about) anything

Skitch lets you draw on and annotate photos, Web pages, or even Google Maps images.
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Integrated Google Maps

The integrated Google Maps option is great for making notes on specific geographical areas. You can even drop a pin on the map with a single tap. But there's no Satellite view, unfortunately.
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Annotate a Web page

Skitch lets you pull up any Web page right from within the app. From there you can scroll to any point, save a snapshot, and add notes as needed.
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Son of Evernote

Since Skitch is part of the Evernote family, all of your Skitch drawings get saved to a notebook on your Evernote account. Unfortunately, this means you need to sign up in order to use the Skitch app.
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