Ken might be on to something. The current release of jQuery is 1.7.2 which is compatible with jQuery Cycle.
For the latest core library, you can link to jQuery's CDN like so:
You have some improperly nested <h3> tags around your lists on lines 170 and 191. To keep your code error free, simply delete the heading tags.
Finally, as a courtesy to your site visitors, consider adding a cookie so people don't have to watch the Flash Spokesperson every time they go to your home page. The link below shows how:
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