Yes. As many images, gifs and falshes as you want. Check out "Vid of example marquee make" above to see this in action. You can also embed video and youtube anywhere on the marquee at any size..
And it will figure out logos, snaps, titles, boxart, system picture etc dynamically from the gamename/systemname etc. You can pass these from the launching app or set them in the CPWizBiz admin interface. Best results are setting up your front-end to pass them. CPWizBiz has a download feature to donwload the images for different systems, system controllers, developers, emulators and other stuff....