Been pondering and trying to get some text that is replaced by another bit of text on hover and was wondering if it is possible to animate the change. 

2. $(function() {
3.       var placeholdertext = "test"; 
4.       var Placetext = new Array();
5.  
6.       Placetext[0] = "test this"; 
8.       $("#FALA").hover(function() { 
9.             $(this).text(Placetext[0]);
10.                   }, function() { 
11.             $(this).text(placeholdertext);
12.       }); 
13. }); 

I take it this is also the best way to do it? 

Also this is what I've tried but no success.

1. $(this).stop().animate({text(placeholdertext)}, 300);

Cheers for any help!

Jake