All my slider images are 620 x 280.
I have resizing off and am using the NivoSlider template.
Smart crop is off and the slider set to my image size.
Yet when a slide fades to another you can see one resize horizontally. This is especially noticeable fading from a darker slide to a lighter slide, where you see a strip of 1-2 pixels on the right hand side before the lighter slide fades completely in.
For an example see http://www.budgiecollective.com/
I'm using Firefox on OSX.