Homepage: 
http://medienfreunde.com/lab/innerfade 
    Author(s): Torsten Baldes 
    Version: 20080214
InnerFade is a small plugin for the jQuery-JavaScript-Library. It's designed to
fade you any element inside a container in and out.  These elements could be
anything you want, e.g. images, list-items, divs. Simply produce your own
slideshow for your portfolio or advertisings. Create a newsticker or do an
animation.
  Usage 
 JavaScript API 
<ul id="news">
    <li>content 1</li>
    <li>content 2</li>
    <li>content 3</li>
</ul>
<script>
$('#news').innerfade({
    animationtype:
      Type of animation 'fade' or 'slide'
      (Default: 'fade'),
    speed:
      Fading-/Sliding-Speed in milliseconds or keywords
      (slow, normal or fast) (Default: 'normal'),
    timeout:
      Time between the fades in milliseconds (Default: '2000'),
    type:
      Type of slideshow: 'sequence', 'random' or 'random_start'
      (Default: 'sequence'),
    containerheight:
      Height of the containing element in any css-height-value
      (Default: 'auto'),
    runningclass:
      CSS-Class which the container get's applied
      (Default: 'innerfade'),
    children:
      optional children selector (Default: null)
});
</script>
  Foswiki integration 
Use the 
jqInnerfade to mark those elements you want to generate an inner-fade for. Use HTML5 data to specify further parameters.
  Examples