SO fiddle
Test Fiddle mainly for SO Questions
by Nick Craver
HTML
<link rel="stylesheet" href="http://ajax.googleapis.com/ajax/libs/jqueryui/1.8.4/themes/overcast/jquery-ui.css">
<ul class='nav'>
<li><a href='#'>About</a>
<ul class='submenu'>
<li><a href='#'>Stuff</a></li>
</ul>
</li>
</ul>
CSS
.submenu { display: none; }
JavaScript
$('ul.nav li').hover(function(){
$(this).children('.submenu').stop(true, true).slideToggle();
});