A free 3d model veiwer that can render with Alphas properly?

[TGE]

So.... I ripped a new model from SADX, but It has an Alpha layer in the textures (No, not Perfect Chaos :p ), so I was wondering if there was a FREE program that renders with Alphas working.

Can't 3DS MAX do that?

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3DS Max costs $3,495 atm.
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