Actually, it is the other way 'round. The TITLE attribute is meant to be shown as a tooltip (but afaik that's up to the UA - it is not required).
To show the ALT as tooltip is a bit awkward, because ALT is specifically intended for use in non-graphical environments - a tooltip would make no sense here.
However, IE will display TITLE if it exists, if not, will use ALT. FF will only show TITLE.
faglork
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