Dragging out of iframe

Dragging out of iframe


I already posted this in the jQuery group and realized it should be
here, so forgive my double-post.
I am really trying to figure out how to drag an item out from an
iframe and into another element (a textarea in this example). I know
it can be done with Prototype, but I do not have the ability to
translate.
Could anyone help with this task? I think it would make for a great
plugin anyway. Here is the Prototype version:
http://bluestudios.co.uk/blog/sandbox/iframe/iframe.html
Thanks in advance!