System Information
Windows 7 64-bit
Intel HD Graphics 4000
Blender Version
Broken: 2.71 9337574, 2.72 9e963ae
Files
Description
Start the game engine in the attached file and notice that while the vertex colors are changed, their alpha values are not (note that the actual alpha values of the vertices are changed and can be verified by calling print(vert.a), but changing the alpha value has no visual effect on the plane's transparency). If you change the shading mode from GLSL to Multitexture, you'll see that the transparency is now correctly changed.