I currently have a table cell which contains a form and allows me to update a row in the database.
However I hope to be able to use Jquery to make the UI cleaner and user friendly.
http://i48.tinypic.com/mvq80n.png
what I visualize the end result to be after an onclick event.
Jeditable might be of use to use. It allows on click (or other events) to make text editable. Here you can find some demos.