From the Store description:
- Use the daily Bing or Windows Spotlight picture as background and/or lock screen
- Use a Bing or Windows Spotlight picture as background and/or lock screen
- Use personal pictures as background and/or lock screen
- Different modes supported: static image or slideshow (one or multiple folders)
- View recent daily Bing images
- View recent Windows Spotlight images
- Use daily Bing and/or Windows Spotlight image as dynamic tile of the application
- Configurable alert to indicate when a new daily Bing or Windows Spotlight image is published
- Automatic or manual saving locally daily Bing and/or Windows Spotlight pictures
- Synchronize your settings between your different devices (Microsoft account required)
There's every chance you're 100% happy with what Windows 10 Mobile gives you out of the box - including the Bing image of the day... But if you want even more images and even more control then check out Dynamic Theme. Here it is in action:
The exact difference between the Bing image of the day and the Windows Spotlight image set isn't 100% clear. As far as I can see, the Bing image is chosen each day without fail and comes from the web, while the Windows Spotlight images are slightly less regular and are designed to be pushed to Windows 10 PCs. Anyone know of a FAQ for these?