Jonathan Weiss has announced the release of version 0.2. of tooltip.js library.
The new version follows the mouse correctly on Firefox (thanks to Graham TerMarsch) and can apply a constant delta when displaying the tooltip. This can be useful if your CSS rules include absolute positioning that can result in a constant offset.
Another nice addition (by Xavier Lepaul) is the ability to create tooltips out of given text. Version 0.1 required you to give it the DOM id of a valid element. Version 0.2 will create a div with the class tooltip if it is given only text:
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tooltip.js version 0.2