Try removing the URL /URL statements from beginning and end of the string.
Sometimes the magic works, sometimes it doesn't.
I gave it a try like you suggested, but no go.
There may still be a way to do it, but I'm not too good at the decoding
If you right click on my picture and select properties this is what you see at "address" http://i155.photobucket.com/albums/s301/peteegger/Wicked500ccofKawai008.jpg~original. I'm pretty sure I selected "Direct IMG" from the Photobucket default selection table and then made changes from there until I got it to work.
Way back when we were all using photobucket, I was using the Direct IMG in the photobucket site every time I posted a pic...I'm not sure why some end with [/img] and some end with [/img][/URL] like the one shown in the pic I used on here as an example.
Thanks for the tips...I'll try messin around with it again a lil later.