You can only create freezing effects with CSS, like this (in your stylesheet):
.video-1 .more { display: none }
.video-1:hover h3.show-title a { color: #006699 }
.video-1:hover .more { display: block }
There is no need for JS at all unless you need IE6 support that only supports elements :hoveron a.
UPDATE:
You can add something like this to your HTML if you also need to support IE6:
<!--[if lte IE 6]>
<script type="text/javascript" charset="utf-8">
jQuery(function ($) {
$('#video-1').hover(function () {
$(this).addClass('hover');
}, function () {
$(this).removeClass('hover');
});
});
</script>
<![endif]-->
Then configure the CSS as follows:
#video-1 .more { display: none }
#video-1:hover h3.show-title a, #video-1.hover h3.show-title a { color: #006699 }
#video-1:hover .more, #video-1.hover .more { display: block }
, , HTML class id, IE6 CSS:
<li id="video-1">