I would like to create a similar system to the facebook status update using jQuery.
If you take a look at the guts of it, just a few elements below the
What's on your mind?
<input type="hidden" autocomplete="off" class="mentionsHidden" name="xhpc_message" value="">
I used 3 fields - one to type in, one to store the
tag stuff in, and one to display the text. The type-in field is invisible but on top of display field. It should be pretty self-explanatory, but ask any questions you may have - and no, I have no quick solution for there being no cursor.