Seems, I found a solution for live image-preview...here is an demo
http://jsfiddle.net/terveg/c9f7h/
An example:
1) create basic field image
user_avatar
2) we need in this case an extra freetext (is suitable for me) field
image_preview, where we place additional html code in text editor
<div id="image_preview">
<img src="#">
<br>
<a href="#">Remove</a>
</div>
and drop a CSS style in Stuff->CSS
#image_preview {display:none;}
3) script to be added in Stuff->JS of the basic field
user_avatar
Tip: to hide a label I use in the "live lable" field (in admin view)
HTML space symbol nbsp
I didn't try it yet on working form during submission. I guess it is possible to create Field-X - I don't know yet if this works too.