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In this tutorial, it is now possible to insert images directly into Excel cells, allowing for image lookups and the creation of more professional dashboards. The presenter shares their setup, which includes a list of managers, their projects, and corresponding pictures already inserted into cells. The size of the images adjusts to the cell size. Additionally, images can be enlarged using the shortcut Ctrl + Shift + F5, or by right-clicking to show a larger view. The tutorial aims to guide viewers through inserting images in cells and returning images using formulas.