TrueTransparency
TrueTransparency is a freeware that changes the windows border adding
png support and so true transparency. The new version brings Aero Snap
and Aero Shake effects.
This is a relatively new application that allows you to modify windows
in ways that .msstyle files can't. MsStyles do not allow you to have
transparent/translucent window borders. Also .msstyle files were not
designed to have wide, irregular window borders.