Update to my post here – I’ve tweaked the script to use CSS3 transitions on Firefox 4+ and Opera 10.50+ as well as modern webkit based browsers such as Chrome and Safari.
The CSS3 transforms and transitions enhanced carousel can be found here:
…and the normal carousel:
N.B. The normal carousel works in IE7 and IE9 beta, but not in IE8 (it seems IE8 can’t figure out the dimensions of DOM elements properly).