[css] Fade Effect on Link Hover?

You can do this with JQueryUI:

$('a').mouseenter(function(){
  $(this).animate({
    color: '#ff0000'
  }, 1000);
}).mouseout(function(){
  $(this).animate({
    color: '#000000'
  }, 1000);
});

http://jsfiddle.net/dWCbk/