Internet Explorer 8 and jQuery Cycle Plugin, Fading artifacts

I am using the jQuery cycle plugin to fade in and out png images on top of a transparent background. Just from the description you 开发者_C百科can understand that I'm running into graphic artifacts on explorers. The link to the page is:

http://www.ionline.gr/keavillage

Could you propose an alternative [except flash] or any way I could edit the existing set-up and have a perfect fade-in fade-out of the text?

Thanks