Yes, it’s possible, but with some elbow grease. You will need to make a custom menu with some code like below that you would replace the current menu’s code in your header.php file.
<div style="text-align: center; padding-bottom: 30px; width: 100%;">
<?php
$pages = get_pages('sort_column=menu_order');
foreach ($pages as $page) {
if ($page->post_title != "LIVE!") {$option = '<a style="color: #444; text-decoration: none;" href="';} else {$option = '<a style="color: red; text-decoration: none;" href="';}
$option .= get_page_link($page->ID);
$option .= '"><div style="display: inline; padding-left: 6px; padding-right: 6px;">';
$option .= $page->post_title;
$option .= '</div></a>';
echo $option;
}
?>
</div>
That may not be the exact code, but it should give you a good starting point. If you still have questions after you edit the code (if you still choose to), feel free to post them here, and I’ll be more than happy to help!
EDIT: Sorry! Looks like you got it figured out. ??