Here is a view that can be imported to create an RSS feed for each taxonomy term

$view = new view;
$view->name = 'imagefeed';
$view->description = 'Image RSS Feeds';
$view->tag = '';
$view->view_php = '';
$view->base_table = 'node';
$view->is_cacheable = FALSE;
$view->api_version = 2;
$view->disabled = FALSE; /* Edit this to true to make a default view disabled initially */
$handler = $view->new_display('default', 'Defaults', 'default');
$handler->override_option('filters', array(
  'type' => array(
    'operator' => 'in',
    'value' => array(
      'image' => 'image',
    ),
    'group' => '0',
    'exposed' => FALSE,
    'expose' => array(
      'operator' => FALSE,
      'label' => '',
    ),
    'id' => 'type',
    'table' => 'node',
    'field' => 'type',
    'override' => array(
      'button' => 'Override',
    ),
    'relationship' => 'none',
  ),
));
$handler->override_option('access', array(
  'type' => 'none',
));
$handler->override_option('row_plugin', 'node');
$handler->override_option('row_options', array(
  'teaser' => 1,
  'links' => 1,
  'comments' => 0,
));
$handler = $view->new_display('feed', 'Feed', 'feed_1');
$handler->override_option('arguments', array(
  'term_node_tid_depth' => array(
    'default_action' => 'ignore',
    'style_plugin' => 'default_summary',
    'style_options' => array(),
    'wildcard' => 'all',
    'wildcard_substitution' => 'All Images',
    'title' => '%1',
    'default_argument_type' => 'fixed',
    'default_argument' => '',
    'validate_type' => 'none',
    'validate_fail' => 'ignore',
    'depth' => '10',
    'break_phrase' => 1,
    'set_breadcrumb' => 0,
    'id' => 'term_node_tid_depth',
    'table' => 'node',
    'field' => 'term_node_tid_depth',
    'override' => array(
      'button' => 'Use default',
    ),
    'relationship' => 'none',
    'default_options_div_prefix' => '',
    'default_argument_user' => 0,
    'default_argument_fixed' => '',
    'default_argument_php' => '',
    'validate_argument_node_type' => array(
      'image' => 0,
      'poll' => 0,
      'page' => 0,
      'story' => 0,
    ),
    'validate_argument_node_access' => 0,
    'validate_argument_nid_type' => 'nid',
    'validate_argument_vocabulary' => array(
      '1' => 0,
      '2' => 0,
    ),
    'validate_argument_type' => 'convert',
    'validate_argument_php' => '',
  ),
));
$handler->override_option('items_per_page', 0);
$handler->override_option('style_plugin', 'rss');
$handler->override_option('style_options', array(
  'mission_description' => 1,
  'description' => '',
));
$handler->override_option('row_plugin', 'mediarss');
$handler->override_option('row_options', array(
  'item_length' => 'teaserpic',
  'mediarss_typename' => array(
    'image' => 'image',
    'poll' => 0,
    'image2' => 0,
    'page' => 0,
    'story' => 0,
  ),
  'item_picture_size' => 'preview',
));
$handler->override_option('path', 'image/%/rss.xml');
$handler->override_option('menu', array(
  'type' => 'none',
  'title' => '',
  'weight' => 0,
  'name' => 'navigation',
));
$handler->override_option('tab_options', array(
  'type' => 'none',
  'title' => '',
  'weight' => 0,
));
$handler->override_option('displays', array(
  'default' => 'default',
));
$handler->override_option('sitename_title', FALSE);