Ok, I've got the fadeIn/fadeOut already running at this moment (top left). I'll see if I can make it more fancy, any fancy JQuery examples of what's nice is welcome :)
Just make it big now, you don't need more jQuery, only CSS styling.
<div id="overlay" style="background:black;color:white;width:960px;font: 24px 'Droid Sans';padding:20px;padding-left:150px;">Name of the Song<br />Artist</div>