That's pretty cool actually. Although I must mention that you have some ugliness going on when you scroll the pictures too fast. I am assuming this is because you are using a single buffer? Also, it takes up 8MB of memory.... that's a little more than I am prepared to spend. You should make a lite version, or set it up so that it dynamically allocates memory from the heap for the pictures rather than loading them all at once.
EDIT: *doh* just realized it wasn't a Win32 app. I didn't realize it was a shockwave dealy until just now when I went to close it.