Appears that the image type argument in Save Image() now has to be in quotes.
The scripting index does not reflect this and its example code does not work in version 16.
In the sample code, the Open() works with jpg as an argument, but the Save Image() says "name unresolved jpg in access or evaluation of 'jpg':
img = Open( "$SAMPLE_IMAGES/tile.jpg", jpg );
obj = New Window( "tile(40,40)", img );
img << Save Image("C:/temp/Mediterranean.jpg", jpg);
Putting jpg (or other file types) in quotes does work - it doesn't just not fail but will save in the type requested.