One very straight forward option isResonance methods can be used to measure neurotransmitter levels. Magnetic Resonance Spectroscopy, which can measure things like glutamatethe levels etcof a large number of neurotransmitters. However, this has always been viewed as a fairly static measure of neurotransmitter levels, and so has not been widely used as a measure of neural activity. However, Paul Mullins at Bangor University has been doing some work using spectroscopy to measure neurotransmitter levels in different parts of the brain. From the work I have seen him present so far, it is sensitive enough to track stimulus driven changes in neurotransmitter levels with a standard blocked design (ie 18sec blocks of stimulation followed by 18sec of rest). I'm not too sure whether it has the same functional contrast to noise-to-noise as the BOLD response and it definitely has a lower spatial resolution than BOLD techniques. This work is currently being prepared for publication so I shouldn't say too much.
References
Novotny, E. J., Fulbright, R. K., Pearl, P. L., Gibson, K. M., & Rthman D. L. (2003). Magnetic resonance spectroscopy of neurotransmitters in human brain, Annals of Neurology, 54, S25-S31. PubMed.