Note down the URL after hosting image(eg: http://dl.dropbox.com/u/
Now host this edited file on the public folder of dropbox.com
Note down new URL of config1.xml and put it in the html of your blog where u will notice below given script.. u can also edit the dimensions of cuber slider in place of 900 and 400.
<script src='http://dl.dropbox.com/u/31323979/cu3er/js/swfobject/swfobject.js' type='text/javascript'/>
<script type='text/javascript'>
var flashvars = {};
flashvars.xml = "put link of edited config1.xml here";
flashvars.font = "font.swf";
var attributes = {};
attributes.wmode = "transparent";
attributes.id = "slider";
swfobject.embedSWF("http://dl.dropbox.com/u/31323979/cu3er/cu3er.swf", "cu3er-container", "900", "400", "9", "http://dl.dropbox.com/u/31323979/cu3er/js/swfobject/expressInstall.swf", flashvars, attributes);
</script>
dude when you say "put them in place of already existing url" what exactly do you mean...