selectReplace.js

$.fn.selectReplace = function() {
	if (!($.browser.msie && $.browser.version < 7)) {
		return this.each(function() {
			var $this = $(this);

			$this.wrap('<span id="' + $this.attr('id') + '_wrapper" class="select_wrapper"></span>')
				.before('<span>' + $this.find('option[value=' + $this.val() + ']').html() + '</span>')
				.css("opacity", 0)
				.change(function() {
					$this.parent().find('span').html($this.find('option[value=' + $this.val() + ']').html());
				});
			});

		});
	}
};