"Which slideshow layout do you want to use for this slide?"
Seems this value is not working for me. According to helper_slideshow.php this value should be added as a class ti the li-element:
$output .= "<li ".$this->slide_attributes($slide)." class='featured featured_container".$counter++." ".$slide['caption_position']." ".$slide['slideshow_image_layout']." ".$slide['caption_animation']."' >";
but i can't see that.
Create a new thread and tell me what problems you are encountering and what you want to know. 
There is no step 3 :) 
