miketaylr/jQuery-html5-placeholder — pull request #16 by felipedelpiccolo (2012-05-28 15:53:35+00:00)
Title: With this change you can do something like this and is dynamically added to label styles 

.placeholder({
"font-size": "13px",
"font-style": "italic",
"height" : "20px",
"margin-top" : "7px"
});