I have modified the script to use Colorbox instead of Slimbox. Since slimbox isn't really supported by any drupal modules, and colorbox is pretty ubiquitous, this improves integration, makes installation easier, makes the site more consistent, and eliminates the need for an additional overlay plugin.
This isn't a particularly difficult plugin to install. The thing that makes it seem a bit complicated is that there are three (was four) different items that need to be uploaded to the website in order to enable full functionality. And that is assuming that all module dependencies are already installed.
If you do not already have all of the above installed, download and install them.
These aren't strictly necessary, but they work well with the carousel. I used these in setting up the demo above.
The unpacked views jqfx cloudcarousel module simply needs to be uploaded to your usual modules directory and enabled. The plugins need to be uploaded to your sites/all/libraries directory so the structure is as follows:
Titles and captions are created from the alt and title tag attributes of the images in the content type you wish to display. If you want to display titles and captions you must have the ability to add these attributes to you image fields. To enable image attributes navigate to admin --> structure --> content types. Select 'manage fields' in the content type(s) that will be displayed in the Carousel (or create a new content type). Edit the image field that you want to display and be sure that the 'alt' and 'title' boxes are checked. This will provide a textfield for adding information to uploaded images when creating or editing a node. If this is a new content type an image field will need to be created for it.
Create the nodes that you wish to display under admin --> content --> add. If title and image attributes were properly enabled it should be possible to add them to the uploaded images.
Create a node view. If you are new to views you may want to find a tutorial for it. There are many out there. Only the images in the node view will be displayed in the Carousel. Add the the image fields that you wish to display under the 'fields' section. To have slimbox functionality the image fields should be linked to their file. The images can also be linked to a node or anything else as desired. Also add your filters, arguments, etc for the content if desired.