This flash slideshow is very easy to set up and use. Simple xml file defines the images, captions an links for each slide, as well as allow you to customize the slideshow appearance.
In the background, the slideshow will seamlessly load all the images sequentially and keep them invisible until they are ready to fade in. Because the images are loaded one by one, it doesn't slow down the slideshow. The current slide will not switch until the next image has fully loaded.