The PNG file has to be in the same directory as the copy of MA that you are running. If you keep it on the Desktop (as I do so that I can just click it anytime I want), then the PNG file would also have to be on the desktop. If you've dragged MA to a System folder so that it will show up on the list of screensavers, then the PNG file will need to be there, too.
If you are looking for it in the tiny Preview window in the Display Properties sheet, it won't be there.
|