I can see that this thread is from all the way back from two-thousand and bloody nine, but this simple feature doesn't seem to be available in the latest mountain lion, ffs. 😡
Yeah, you can zoom using the screen zoom, "control+two fingered swipe" but the BIG problem with that is it zooms in on the resolution that the screen is already at, NOT on the possible/potential resolution of the actual image.
So it's always going to come out pixellated as all buggery in this way.
Windoze "image and fax viewer" allows us to do this perfectly.
Pick up your bloody act apple. You're supposed to be the go-to graphics machine. This is by no means a fix. So fix it! [please, pretty please with sugar on top. I'm not clever enough to rewrite and recode your applications]
I have no idea why the OP deleted their original posts. A bit weird. A perfectly legitimate complaint.