Animated icon for Winforms Treeview?

I'd like to show a "Loading" icon as each node of a treeview is waiting to be loaded. I'开发者_StackOverflowm picturing the Win 7 waiting circle that spins, but any animated icon would work. Is this possible with the standard Winforms treeview?

I'm on VS 2010, Win 7/64, .NET 3.5. App needs to run on XP/32 as well.

The standard treeview does not support animated cursors or gifs (.cur or .ani; .gif). You can use a timer and swap out the nodes' icon to create your own animation.