Anyone know if its possible to yet create a css based drop shadow on transparent background PNG image?
Perhaps with CSS3,jquery or lastly server side?
Example after effect of what I am trying to acheive :

Pretty sure if it is possible it wouldn’t be cross browser but willing to apply if it degrades well?
Feel free to add you input , open techniques discussion ..
If you load the image in to a canvas context you can do this.
good clean source here:
http://philip.html5.org/demos/canvas/shadows/various.html