Limages is a simple slideshow program that works directly on your
desktop. You can place 1,2,3,4 or more slideshow windows in any place
on the desktop. The windows can have any size, color and transparency. Images may be scrolled automatically or manually - by
mouse wheel. Double click any picture to open it in fullscreen. You
can choose your own source folder with pictures for each window. Any
picture can be set as Windows wallpaper.

The wallpaper style menu includes 11 different styles and 6 additional
effects for wallpapers.

Limages can be used as a plugin for Talisman Desktop also.

Update to Limages 1.xx is free for all registered users.