I dont use front page but as far as i know its not possible to do with any WYSIWYG editors.

You will need to use DHTML or CSS to code that i think. There are a lot of tutorials just search. www.tutorialized.com might help.

Dunno what you mean =\
Is it something like a ToolTip?

Well i would recomend getting a cusom teamplate made by someone professional.
If u mean what it should look like, then i would say a clean layout. Hard to explain but i have an idea of what would...

Well for a novice the template isnt all to bad but for a business i would recomend a more professional template that i'm sure many people would offer to make (Including myself) for a small fee which...

Please give me some C&C on these 2 templates before i sell them.
The 1 is just a varient of the other.

Template 1 (http://teami.ab-hosting.com/1/)
Template 2...

You might want to get a template from clantemplates and some proper hosting and a .com domain.
Those are the basic things needed to make a popular website. Also have some nice content and manage it...