I just added a new slideshow mode to the Views Slideshow module. You can see a demo at Drupal Hub. It uses JQuery and views, so any type of view could be made into a slideshow. The current modes are single frame, as seen in the left sidebar of the demo page, and with 'thumbnails' as shown on the content of that page.
I also revamped the themes for it, making it easier to theme specific elements of the slideshow.
Note that until Views 2 comes out, you either have to set global options (fade, timer, etc) or use the arg php code to add individual view options. Instructions are available at /admin/build/views/views_slideshow once you have the module installed.
Still todo: add slideshow controls. Easy to do; all the hooks are there. I just need to find a couple of hours of my "copious amounts" of free time to do it... :/
Aaron Winborn
Advomatic

Comments
about AcidFree albums and Views Slideshow
Wanted to ask about using it with AcidFree images management module.
I wanted to show in a block, images from ACIDFREE categories as a slideshow.
It works easily, but i wanted to remove the Title, Submitted By and Submission Date/ Time from the block.
Only wanted to show the image and its small description with a link.
Can it be done using this module ?
Slideshow Controls
Any update on getting Forward/Previous controls for View Slideshow? And yes, I know you posted this over a year and a half ago, but I just started using Views Slideshow and I'm kinda surprised it's not in there by now (no offense intended... it's still a great module!)