live textarea preview with css font choice

live textarea preview with css font choice

I need to be pointed in the right direction here.

What's needed...
A text input area with a live preview of that text.
            (Okay that seems simple to achieve.)
The Problem...
The preview box must have font style choice to view text in different styles.
The output text and font style choice to be output to form or saved somehow.
So the text and style are important.

Have seen various plugins, textarea preview, cufon, live event etc and now not sure which plugin or code to use to build this.

All ideas appreciated.
Yes I am a jquery newt but know a little css and html and have not had time to learn jquery enough to just script it.