At a recent MoLeNET podasting event, my colleague John Whalley spoke about PhotoStory 3 for Windows.
Create slideshows using your digital photos. With a single click, you can touch-up, crop, or rotate pictures. Add stunning special effects, soundtracks, and your own voice narration to your photo stories. Then, personalize them with titles and captions. Small file sizes make it easy to send your photo stories in an e-mail. Watch them on your TV, a computer, or a Windows Mobile–based portable device.
You can download the software from Microsoft (follow the link above).
A quick demo of how it works.