Alpha textures in blender 2.5

I’ve spent quite some time looking through google and blender, but I can’t find how to make Alpha UV textures in the game engine. the main problem, is that i cannot find the menu with all the texture face options (billboard, alpha, clip alpha, text, etc.). If someone could direct me on this, that would be great.
Thanks

  • Will

i have not tried creating my own yet, but i think i created one pressing “bake” in the render options panel.
It looks just like my other alpha textures i downloaded from “cgtextures.org” i think.

This is something im interested in as well, so ill come back if i find out