I am having a similar problem. Using the shortcode in a page [wp_cycle] truncates the image paths so that they look like this in the markup…
<div id="rotator">
<a href="#"><img src="/wp-content/uploads/2010/08/" width="395" height="202" class="20100826210544" alt="" /></a>
<a href="#"><img src="/wp-content/uploads/2010/08/" width="395" height="202" class="20100826210611" alt="" /></a>
<a href="#"><img src="/wp-content/uploads/2010/08/" width="395" height="202" class="20100826210654" alt="" /></a>
</div>
Not sure why. But I wonder if the filenames also not showing up in the plugin’s upload screen is related.
Hmm… it looks like Erica got it working on her site. I wonder if she’ll come back and share the fix.
Moments later… I noticed _wpnonce in the markup for the wp-cycle config page and that made me think about the keys and salts. Turns out that, although I had copied the database from the live version of the site, I had neglected to also copy the wp-config.php files at the same time to my local dev server: different keys and salts. Copied the keys and salts from the live site to the local, and now it’s working!
Cheers!
Although, I still see no image path or filename in the wp-cycle file upload screen. Confusing, but not a deal-breaker.
Further investigation reveals…
By simply printing out the contents of the wp_cycle_images array print_r(get_option('wp_cycle_images')); I discover that the thumbnails all come out looking like this: [thumbnail] => Object id #189
which is why the URLs are being truncated and why the image filenames aren’t showing up in the admin screen.
Now I just need to figure out what is causing that and/or how to fix it.