Slideshow Screensaver Maker allows you to create simple screensavers with your digital photos or pictures in a snap. You simply have to select the photos you wish to use, select the name for your screensaver, and the author. Then you can customize its settings, which include the time delay between images, display order (sequential, reverse, random), exit conditions, size of images, and whether you wish to see the file name and its position. Regarding the effects, you can select which ones you want to see, but you can't customize them picture by picture, since they will be randomized. You also cannot select exactly the order of the pictures or include a cover and end page. You also won't be able to add music, captions, pictures, borders, layouts, etc, so the slideshow will look pretty plain. The resulting screensaver can be previewed in the small built-in previewer or in its real size before conversion. Unfortunately, the only output formats available are only .exe or .zip.
In short, Slideshow Screensaver Maker will allow you to create simple screensavers, but won't help you if you want to use it to create professional ones. The price is a bit high for what it has to offer, and I'm sure there are much better applications like this one for free or for just a few bucks.