Fairly easy to install, although disappointing that you have to install the plugin if you wish to just use the module. This is a minor issue and installation is fairly simple and quick to do.
The module and the component both have a comprehensive list of options with great flexibility. Not all however, have a tip to explain their usage, and in my view are not not grouped intuitively.
Two issues which has resulted in a slightly imperfect score:
1) When enabled, the option "Enable Fade Effect" stops the "Effects" selected further down in the option list. This should be in the effects list and not an additional option.
2) The Article is placed in a 'table' and there is no way that I can find to change this to DIVs. I would have preferred it if the module used the templates for content which you can over-ride with ones written for the template.
A good addition will also be to allow the navigation to use text from the title rather than numbers 1, 2, 3 etc.
All in all a very impressive and neat extension and I will not hesitate to recommend.
According to fade effect : it's added as additional option because effects option it's set of slide effects, but fade it's another type of visualization.
According to DIVs and Tables we have 2 options on the list responsible for this features: "W3C XHTML 1.0" - it's make articles placed in DIV or Tables also we have "Elements explanation" option ( it's have 3 values UL, DIV, SPAN ) - it's make you able to select main tag for 2JNewsSlider container it's very useful in the case of conflicts with another code in joomla template, or some other front end modules.