What would you do if you want to create a simple 3D carousel effect like this?
Use Papervision3D you say?
I would say it's a waste of CPU resource.
For simple 3D effects such as the example above,
using more light-weighted Z-sorting engines would be a better idea.
So I wrote my own ZSorter class which does just that,
implementing the easiest Z-sorting algorithm: The Painter's Algorithm.