Mega Code Archive
Contents() finds all the child nodes inside the matched elements
<![CDATA[
< html>
<head>
<script type="text/javascript" src="js/jquery-1.3.2.js"></script>
<script type="text/javascript">
$(document).ready(function(){
$("p").contents().not("[nodeType=1]").wrap("<b/>");
});
</script>
</head>
<body>
<body>
<p>Hello <a href="http://rntsoft.com/">rntsoft</a>asdf</p>
</body>
</html>
]]>