ASCII generator: image to text, image to image, video to video
github.com
github.com
(it uses a block graphics character matching algorithm to get a slightly better resolution than 2 pixel per character)
I have not worked it out yet but it must be possible to use this type of thing - ASCII art - for those images that you can download inline with a web page to show before the main images download. As per the BBC that always include an inline image with a news story download so you have something to look at on a 3G connection whilst the rest downloads.