Jquery Cycle is not installed. See the README.txt

See sites/all/modules/rotating_banner/includes/README.txt

It contains:

$Id: README.txt,v 1.3 2010/04/09 20:36:35 JacobSingh Exp $
Put
jquery.cycle.js
jquery.easing.js

In this directory.
kthxbai

I got the cycle to work and it looks really cool. I put both the cycle and easing plugins into the includes folder. The easing plugin has a version number in the file name and the module calls jquery.easing.js. So far, the easing module does not appear to get called (with or without the version number in the file name). So for now the only cycle that works is fade.
MrPhilbert

You need jquery.easing.1.3.js and then rename it to jquery.easing.js

Hello, I am using http://gsgd.co.uk/sandbox/jquery/easing/jquery.easing.1.3.js in the include folder, renaming the file to jquery.easing.js as mentioned in the readme file.

But I can only see fade working.

Hi,
Try to use the "jquery.cycle.all.min.js",
rename it to "jquery.cycle.js"
of http://jquery.malsup.com/cycle/download.html

I don't know what the restrictions are around putting the 2 files on line for people to use, but I exported my site from Drupal Gardens and got the real 2 files

jquery.cycle.js
jquery.easing.js

The module now works well, but it's really not clear where you get these files from.

#5 works - Thanks!

Go to permissions then:
the "view dynamic display blocks" allows users to view dynamic display blocks.