honestly man, if your going to be doing that often, you might want to look into getting a new dvdplayer with picture support. I bought my second dvd player for $80 canadian, and it will do vcd, svcd, dvdr, dvdrw, mp3 cds, raw mpeg, picture cds, and of course, regular dvds.
the number of chapters you would need to create to put all the pictures on a cd to try to keep track of them would be insane, plus you would have to set it up as a slideshow..
all that said, I actually have no idea what kind of software could do that. I will have a look see and ask some of my friends though.