The only gadget I've had any luck with making semi transparent is a window gadget. You can use it as a contain for the gadgets you want transparent maybe.
Here's some quick code
global main
global Gadget1
global Gadget2
`Make the main window into a gadget
main=createGadgetFromWindow(mainWindow())
`Create a window that can be made transparent to house the gadget
Gadget1=createWindow(gadgetX(main)+50,gadgetY(main),75,20,"",-2147483648,0,0,main)
Gadget2=createComboBox(0,0,75,25,Gadget1)
addItem Gadget2,"Item1"
addItem Gadget2,"Item2"
setGadgetAlpha Gadget1, 128
do
loop
Now you should have a transparent comboBox on the title bar.