Place the following JavaScript code between your HEAD tags:

<script language="JavaScript">
<!-- 
  function HighlightImage(cur,which)
  {
    strength=(which==0)? 1 : 0.2;
    if (cur.style.MozOpacity)
    {
      cur.style.MozOpacity=strength;
    }
    else if (cur.filters)
    {
      cur.filters.alpha.opacity=strength*100;
    }
  }
// -->
</SCRIPT>

Now apply the styles and call this JavaScript function within all of the image tags you would like the affect to be applied:

<img src="ImageName.gif" width="100" height="100" style="filter:alpha(opacity=20);-moz-opacity:0.2" onMouseover="HighlightImage(this,0)" onMouseout="HighlightImage(this,1)">