[c#] Scaling a System.Drawing.Bitmap to a given size while maintaining aspect ratio

The bitmap constructor has resizing built in.

Bitmap original = (Bitmap)Image.FromFile("DSC_0002.jpg");
Bitmap resized = new Bitmap(original,new Size(original.Width/4,original.Height/4));
resized.Save("DSC_0002_thumb.jpg");

http://msdn.microsoft.com/en-us/library/0wh0045z.aspx

If you want control over interpolation modes see this post.