[jQuery] Fading Background AND Text, Navigation?

[jQuery] Fading Background AND Text, Navigation?


I'm after something like
http://www.aplweb.co.uk/jQuery/Fade_background_menu_colour/ this
Fading from grey to black however, i need the text to fade also, can this be
done?
That example just has the background fading.
I need it fading from gray to black, whilst the text fades from black to
white.
Ideally in a valid li list navigation.
Any ideas? :)
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