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I'd like solid things like Midnight Commander to be alpha-blended as well. Is this possible?
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If you want true transparency, you'll probably want either xcompmgr (http://wiki.archlinux.org/index.php/Xcompmgr) or compiz (http://wiki.archlinux.org/index.php/Compiz).
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better go to settings > Window Manager Tweaks > Compositer and enable display compositing there
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