After this conversation I started wondering if it's possible to use that and apply to textboxes. I want something like that:
<script type="jquery/x-jquery-tmpl" id="contactTemplate" >
<div>
<input type="text" value= {{ = name }} />
<input type="text" value= {{ = phone }} />
<div>
</script>
<script type="text/javascript">
var contacts = { name: 'Scott Guthrie', phone: '31415' };
$(document).ready(function()
{
$('#contactTemplate').tmpl(contacts).appendTo('#contactContainer');
});
</script>