Idea for placeholder text
|Reported by:||markjaquith||Owned by:|
Placeholder text has a fatal flaw, in my mind: once the field is focused, that placeholder text is gone. This can be confusing, especially if you tabbed into that field or it was selected by default. You can actually use placeholder text instead of labels, for a minimalistic form layout, but only if you correct this flaw.
So here's a potential solution:
It uses HTML 5's placeholder attribute (newest Safari and Chrome support it), with a jQuery plugin to handle that support for other browsers.