Is it possible to alter the line that the user is currently on in a textarea, separate from any other line in the textarea? Image demonstration:

If it is possible, would you mind showing it to me on http://jsfiddle.net/ ?
Thanks in advance.
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Expanding on one of my previous answers, and borrowing code from this answer:
Live Demo (v0.2)
Known Bugs/Limitations:
Doesn’t work properly if there’s only 1 character on the line(silly mistake on my part)jQuery/JavaScript isn’t really my strong area, so if anybody can provide some fixes to get it working better, I’d really appreciate it. 🙂