I was having issues with images flickering in our Delphi client program - it is going into the bit bucket anyhow, but the flicker was really noticeable on the new XP Embedded image I'm trying to make.
The solution, from my newsgroup post:
I don't know why I didn't think of this earlier. I just turned on Double Buffering in the application itself for the form that displays the images, and it looks sexier than ever! Even on the full-blown images and my development computer.
Off topic, but if anyone is wondering this site has great info on removing flicker from images: