cross-browser solution to set the cursor/caret position-r&d10022012

I am after a definitive, cross-browser solution to set the cursor/caret position to the last known position when a contentEditable='on' <div> regains focus. It appears default functionality of a content editable div is to move the caret/cursor to the beginning of the text in the div each time you click on it, which is undesirable.
I believe I would have to store in a variable the current cursor position when they are leaving focus of the div, and then re-set this when they have focus inside again, but I have not been able to put together, or find a working code sample yet.

If anybody has any thoughts, working code snippets or samples I'd be happy to see them.

Graham

I don't really have any code yet but here is what I do have:

<script type="text/javascript">
// jQuery
$(document).ready(function() {
   $('#area').focus(function() { .. }  // focus I would imagine I need.
}
</script>
<div id="area" contentEditable="true"></div>