window.addEvent('domready', function(){
	//First Example
	var el = $$('.ibox'),
		color = el.getStyle('backgroundColor');
		
	// We are setting the opacity of the element to 0.5 and adding two events
	$$('.ibox').set('opacity', 0.5).addEvents({
		mouseenter: function(){
			// This morphes the opacity and backgroundColor
			this.morph({
				'opacity': 1,
				'background-color': '#000000'
			});
		},
		mouseleave: function(){
			// Morphes back to the original style
			this.morph({
				opacity: 0.5,
				backgroundColor: color
			});
		}
	});
	
});