http://www.ronald-dupont.com/panorama.zip
Instructions:
Download the file and extract the setup.exe onto yer desktop;
get yer favourite wallpaper on mt and save them on your dekstop (best in a folder called WALLPAPER)
no go to file and choose new wallpaper list. go to your recently made wallpaper folder and click one of them and then
press the keys ctrl+a to select all and hit enter. now you may save this list on your HD with ctrl+s. now go to options
and click o "preferences"
there, go to the tab options :P and choose the time interval in which the wallpapers should rotate, go to the tab desktop and choose the 2nd option "scale all images". then click the JPEG tab and choose the third option "no dither" click ok minimize the program and VOILA ;)