Well, I played around with it and think I actually got it working. Created a timeline, added some pictures, installed the player, and it seems to be working.
One question I do have is.. Since I have to specify a duration for the Timeline, and I could have any number of images that I need to show at a given time, do I have to manually change the duration for the Timeline and Channel every time I add or remove an image from my lineup?
Other than that my slideshow seems to be working OK.