Wrote some jQuery code that, atleast to me, both looks and works better than the code in the post that you are referring to. Hope it fits your needs :)
There's also a live demo up at http://jsfiddle.net/gFTrS/2/
HTML
<div class="textWrapper">
<div class="highlight"></div>
<p>Your text goes here</p>
</div>
CSS
.textWrapper
{
position: relative;
width: 600px;
padding: 0px 10px;
margin: 0 auto;
cursor: default;
}
.textWrapper p
{
font: normal 12px Arial;
color: #000000;
line-height: 18px;
padding: 0;
margin: 0;
}
.highlight
{
position: absolute;
top: 0;
left: 0;
width: 100%;
height: 18px;
background: yellow;
z-index: -1;
display: none;
}
jQuery
$(document).ready(function()
{
var lineHeight = 18;
$('.textWrapper').hover(function()
{
$('.highlight', this).show();
$(this).mousemove(function(e)
{
var relativePos = e.pageY - this.offsetTop;
var textRow = (Math.ceil(relativePos / lineHeight) * lineHeight) - lineHeight;
if (textRow => 0)
{
$('.highlight', this).css('top', textRow + 'px');
}
});
}, function()
{
$('.highlight', this).hide();
});
});