Easy way to create a site template in SharePoint 2010

Even though it is not as obvious as in SharePoint 2007, here's an easy way to create a site template for a site that you would like to reuse:

1) Go to the site that you want to create a site template for. Example: http://sp.abc.com/marketing/default.aspx

2)  Add the "_layouts/SaveTmpl.aspx" to the site's URL. Example: http://sp.abc.com/marketing/_layouts/SaveTmpl.aspx

3) This brings you back to the familiar dialog from the SharePoint 2007 days. The site template is saved in the
 root site Solutions gallery under: Site Actions >> Galleries >> Solutions