Cross-dissolve images, or only fade to color?

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The one example I've found of this block using fade (rather than slide) shows the images fading to white for the transition:

http://thinksmart.us/

Can the block be set to a simple cross-dissolve instead (one image just fades into the next)?

(Since there are no screenshots or demos provided, it's hard to figure out how exactly this works and what all the options are...)

Thanks.
platypusman
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spork replied on at Permalink Reply
spork
Same question... Looking to replace a flash component, but need the cross-dissolve.