So if I lower the frame rate it will drop some frames right??
No. Framerate and number of frames are not the same. The framerate determines how many frames are displayed over a period of time. You can add or subtract the number of frames without changing the framerate and vice-versa. Of course, if you decrease the number of frames, you often want to
increase the framerate to make it less noticeable...but this also depends on the animation itself.
Jasc Pain Shop Pro 8 with Animation Shop.
This is what I use as well; just a slightly older version. Paint.NET and Photoshop are both handy for animated GIFs, but nothing beats Animation Shop Pro as far as I'm concerned.