It took roughly 1-2 hours to put together, and takes advantage of WebKit-specific CSS gradients, transforms, box-shadows, etc. Not a single image is used. The video is, of course, done with the HTML5 video element.
Comparison screenshot at http://imgur.com/6Kt6L.png
Code is freely available on GitHub (http://github.com/aupajo/webkit-fu).
Put it together for a weekend BarCamp (http://barcamp.org/BarCamp-Christchurch-2010).