I figured it out, I had to hack my batch file to work with Opera, but it works without the hack in K-Meleon.
If anyone is interested here's the batch file that works for me:
:MKDIR
IF NOT EXIST E:\My Pics\%date:~4,2%-%date:~7,2%-%date:~10,4%
MKDIR E:\My Pics\%date:~4,2%-%date:~7,2%-%date:~10,4%
GOTO START

TART
i_view32.exe /clippaste /convert=E:\My Pics\%date:~4,2%-%date:~7,2%-%date:~10,4%\%TIME:~0,2%-%TIME:~3,2%-%TIME:~6,2%.jpg
IF errorlevel 1 GOTO MKDIR
GOTO :END
:END
ECHO Quitting
Also if you attempt to use this you will have to install Irfanview, and copy "i_view32.exe" to your "\Windows" directory.
Of course it goes without saying you can customize the batch file to use any directory you want.
I'm not sure if it'll work on any other windows OS except XP either.
Thanks for the help in sorting (pun intended... lol) this out.