Absolutely, Wnuk, same here. Bizily - there is no limit as to the possibilities that multiple tracks are offering, be they for video or audio.
Video does, after all, include moving as well as stationery pictures/images/special effects etc, and it makes a project so often more interesting to add those. Sure, you don't want to distract from the main video or slide-show, but just try it. Something like a picture in picture, for example - you just modify one, making it smaller and having it being displayed within the original video in a good area. Same as to adding still pictures into a video.
Also, if your slide-show photos do not cover the background area completely, you can add some background, such as simple color or even another photo for it.
As to Audio. You can add a voice-over and still leave the original audio with the video, or if it's a slide-show, maybe the music. I often have three or more audio tracks 'open' as I add different music for the different portions, moving them up or down a track, sometimes letting them overlap a little bit, again using a couple of audio tracks at least to do that.
I suggest for you to play around a bit and see what you can come up with.
Multiple tracks for amateurs such as myself are optional - for professional editors they are a must, as every effect requires it's own layer, or track, and often enough 10 and more are needed to come up with a simple commercial, for example, that has a moving video, photos, text, a variety of effects all visible at the same time...