AlphaXP Lite is a great Windows transparency program. With it, you may change a window's transparency with a customizable keyboard shortcut. Also included is support to change the taskbar to any transparency you wish (theres even a cool Fade In option with settable speed which performs a smooth fade in when you mouse over the taskbar, and smoothly fades out when you mouse out).
AlphaXP Lite also uses special methods of operation which eliminates many of the bugs associated with transparent windows including flicker and other glitches. Tested and retested over and over again, AlphaXP Lite has been professionally made to work equally well on both Windows 2000 and Windows XP. AlphaXP Lite also has skin support for great looks, and more!
Download: Download ~ 405 kb
News source: softnews.ro