$.fn.fader = function(options) {
	settings = $.extend($.fn.fader.defaults, options);
	group = $(this);
	itemcount = $(this).children("li").length - 1; //count of items
	if (itemcount == 0) group.children("li:first").fadeIn("slow").addClass("sel"); else $.fn.fader.next();
}

$.fn.fader.defaults = {
	current : 0,
	delay : 4 //seconds
}

$.fn.fader.next = function(){
	group.children("li.sel").removeClass("sel").fadeOut("slow");
	group.children("li").eq(settings.current).fadeIn("slow").addClass("sel");
	if (settings.current < (itemcount)) settings.current = settings.current + 1; else settings.current = 0;
	setTimeout('$.fn.fader.next();', settings.delay*1000);
}