Advanced slide effect usage

Advanced slide effect usage

I'd like to be able to create a slide effect in which each item appears to slide on top of the other.  So, item 1 would display, then 3 or so seconds later, item 2 would slide over it and take its place, and so on, until it loops back to item 1.  I'd also like to be able to give the user manual control over the process with arrow buttons.  Is something like this possible?  I'd assume that for the first it's a matter of the item's CSS, but I'm a bit stumped as to the second.

Also, what options can the slide effect have?  The demo only says it's an object/hash of available options, which doesn't really tell me anything.