jQuery is basically javascript extended, helping you get things done faster instead of you trying to code javascript from scratch. I just noticed on Twitter TripWireMagazine.com has a great blog post on Top 25 jQuery plugins that can help you finish your web project faster.
I’ve been working hard on TwitLi.st for last few weeks and regret I didn’t use any jQuery libraries instead I coded every single line of AJAX myself.
For those of you who don’t know about jQuery, you can read/learn about it here.

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