jQuery Delayed Hide Plugin

jquery.delayedHide.js

/**
 * jQuery Delayed Hide Plugin by M. Pezzi
 * Version: 1.0 (08/25/11)
 * https://gist.github.com/1171181
 * Dual licensed under the MIT and GPL licences:
 * http://www.opensource.org/licenses/mit-license.php
 * http://www.gnu.org/licenses/gpl.html
 * Requires: jQuery v1.4.2 or later
 */
(function($){
  
  $.fn.delayedHide = function(options) {
    return this.each(function(){
      var self  = $(this), o = $.extend({}, $.fn.delayedHide.defaults, options), delay,

          $close = $('<div class="close">Close</div>').bind('click', { message: self }, close);

      // Append close markup, start delay hide.
      o.close && self.append($close);
      o.delay && delayStart();
      
      // If a user hovers, cancel the delay.
      self.bind('mouseover', function(){
        clearTimeout(delay);
      });

      function delayStart() {
        delay = setTimeout(function(){
          close();
        }, o.delay);
      }

      function delayStop() {
        clearTimeout(delay);
      }

      function hide() {
        self.slideUp(o.animateDuration, o.animateCallback);
      }

      function close(e) {
        delayStop();
        hide();
      }
    });
  };

  $.fn.delayedHide.defaults = {
    delay: 5000,
    close: true,
    animateDuration: 500,
    animateCallback: function() { }
  };
  
})(jQuery);