Peter: Thanks for the pointer to creating wallpaper slide-shows. I didn't give the GUI application approach using "crebs" (create background slideshow) a try. I opted for the text editing and creation of a .xml file.
I found the background slide show worked fine with Ubuntu 11.04.
However there are changes with Ubuntu 11.10. The following posting does a good job of telling you how to get a background slide show running on 11.10...
http://ubuntuforums.org/showthread.php?t=1881394
...the approach now seems to be that you edit and append to...
/usr/share/gnome-background-properties/ubuntu-wallpapers.xml
...With 12.04 not far away, I think I'll wait and see what it takes to get a slide show working on that release.
cheers, Ian.