HTML textarea2div

<!doctype html>
<head>
<textarea onkeyup="textbox(this)">
The Quick Brown Fox Jumped Over The Lazy Brown Dog
</textarea>
<div id="example">Example Text</div>
</head>
<body>

<script src="http://code.jquery.com/jquery-1.5.js"></script>
<script>
function textbox(val) {
$('#example').text(val.value);
};
</script>
</html>