Custom Flash Rotator w/ XML Playlist for JPG's and URL's

We need a custom flash rotator built (see image above for a visual example) that cycles through images every 3 seconds. Rotator must function by using an XML file and retrieving the locations of the JPG images AND the URL's for the rotating images to link to. As you can see in the example, there will only be 4 images at any given time included in this rotator. As images rotate, there should be a fading transition. Flash and XML experience required for this project. Please post your previous flash experience, similar work projects would be a huge plus. Thanks.