Okay sure. 8-Bit PNG transparency works, but I’m talking about doing more transparency than what GIF has to offer, so it doesn’t quite cut it.
But 24-Bit PNG? Now, this has something web designers can appreciate: Alpha blending. 256 levels of transparency.
There are a few sites out there using PNG’s to great effect. There’s no need for me compile a list, as it’s been done a few times, but if you’re using it feel free to link up in the comments.