/* List Ticker by Alex Fish 
// www.alexefish.com
//
// options:
//
// effect: fade/slide
// speed: milliseconds
*/

function setDeceleratingTimeout( callback, factor, times )
{
  var internalCallback = function( t, counter )
  {
    return function()
    {
      if ( --t > 0 )
      {
        window.setTimeout( internalCallback, factor/++counter );
        //alert(counter);
        
        callback();
      }
    }
  }( times, 0 );

  window.setTimeout( internalCallback, factor );
};

// console.log() requires firebug    



(function($){
  $.fn.list_ticker = function(options){
    
    var defaults = {
     
	  effect:'slide'
    };
    
    var options = $.extend(defaults, options);
    
    return this.each(function(){
      var obj = $(this);
      var list = obj.children();
      list.not(':first').hide();
      
      
      setDeceleratingTimeout( function(){ 
        
        list = obj.children();
        list.not(':first').hide();
        
        var first_li = list.eq(0)
        var second_li = list.eq(1)
		
		if(options.effect == 'slide'){
      
		first_li.fadeOut(function(){
				second_li.fadeIn();
				first_li.remove().appendTo(obj);
			});
		} else if(options.effect == 'fade'){
			first_li.fadeOut(function(){
				second_li.fadeIn();
				first_li.remove().appendTo(obj);
			});
		}
      }, 4000, 290 );
      
    });
  };
})(jQuery);