Another option would be using a Quartz Composer screen saver and an RSS feed for the images. I think that'd work rather well, actually.
Here's a quick example of a screensaver that grabs image URLs from a configurable RSS feed -- I have it preset to show some random rafting photos of mine. You could have it do something tamer, of course, if you're not into the rotating cube thing. Unzip and put it in ~/Library/Screen Savers/ to try it out.
RSS Slide Show.qtz.zip
I use
Feeder to generate the RSS feed, but you can make it by hand with a text editor easily enough. Here's the first bit of the feed:
[codex]
<?xml version="1.0" encoding="utf-8"?>
<rss version="2.0">
<channel>
<title>Photos</title>
<link>http://harnly.net</link>
<description>Some photos</description>
<generator>Feeder 1.4 http://reinventedsoftware.com/feeder/</generator>
<docs>http://blogs.law.harvard.edu/tech/rss</docs>
<language>en</language>
<pubDate>Tue, 22 May 2007 01:53:01 -0400</pubDate>
<lastBuildDate>Tue, 22 May 2007 01:53:01 -0400</lastBuildDate>
<item>
<title>Photo 1</title>
<link>http://www1.cs.columbia.edu/~aaron/travel/colorado/photos/high/IMG_0612.jpg</link>
<pubDate>Tue, 22 May 2007 00:25:06 -0400</pubDate>
<guid isPermaLink="false">photo-1</guid>
</item>
<item>
<title>Photo 2</title> <link>http://www1.cs.columbia.edu/~aaron/travel/colorado/photos/high/IMG_0614.jpg</link>
<pubDate>Tue, 22 May 2007 00:26:07 -0400</pubDate>
<guid isPermaLink="false">photo-2</guid>
</item>
<item>
(etc)
</channel>
</rss>
[/codex]