Would you like to Create a Realistic Hover Effect With jQuery? It adds a rising hover effect to a set of icon links using jQuery’s animate effect. In a nutshell, the JS appends the reflection/shadow to each <li>, then animates the position and opacity of these elements and the icon links on hover. And .stop() eliminates any queue buildup from quickly mousing back and forth over the navigation.

Requirements: jQuery Framework
Demo: http://adrianpelletier.com/sandbox/jquery_hover_nav/
License: License Free