Eh, maybe you don't use Photoshop much but this barely similar to the Magic Wand in any way other than selecting a part of an image. Magic Wand doesn't give you

Eh, maybe you don't use Photoshop much but this barely similar to the Magic Wand in any way other than selecting a part of an image. Magic Wand doesn't give you a nice live preview of the alpha channel for starters.