Cool menu

Hi everyone,

I am currently working on a school project (my first full flash site) and I have a question. I would like to create an interesting menu like the one here:

[size=4][color=red]For help I am ready to giveout one or two Gmail Invites!!!:te: [/color][/size]

… from what I can tell it’s all text and actionscript… am I right? if I am would someone be kind enough to point me to a tutorial where i can learn how to make a menu similar to this one. If not can somone at least tell me if I can accomplish a similar result with the xml flash menu template that comes with flash.

[color=#ff0000][color=black]Thanks in advance! I really appreciate it… :te:[/color] [/color]