[jQuery] Plugin Code Review: jdMenu

[jQuery] Plugin Code Review: jdMenu

<div>I'm just starting on a refactor of this code and am making several improvements including accepting settings when initializing, handling events through delegation, replacing the iframe code with bgiframe and supporting vertical menus.
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<div>So before I undergo this refactor. There have been several approaches to structuring plugin's and I wanted to ask which approach is "standard" or closest to "standard" for how plugin's should be developed. A few things to note is the use of the wrapper function passing in jQuery, internal functions not bound directly to the jQuery object. So any feedback is much appreciated!
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<div>Source Reference: <a onclick="return top.js.OpenExtLink(window,event,this)" href="http://jdsharp.us/code/jQuery/plugins/jdMenu/jquery.jdMenu.js" target="_blank">http://jdsharp.us/code/jQuery/plugins/jdMenu/jquery.jdMenu.js
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<div>Cheers,</div>
<div>-Jonathan</div>
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