The wheels on re-bus go round and round.
Well, a Rebus is a way to say words with pictures.
There are many forms of Rebus, some use the sounds associated with a picture (ex. A picture of a 'bee' will be used for the word 'be').
This Rebus generator is a more simple design, and uses the words associated with a picture, and merely adds and subtracts the letters needed to create the desired word.
To address some of the critique: This was actually written as a programming puzzle, and has no useful purpose whatsoever, other than as a curiosity in playing with fuzzy-word matching.
See website product page for more information.