AjaxInPlaceEditor is a wrapper component around the scriptaculous in-place editor. It acts like a WOTextField in a form.

AjaxInPlaceEditor Simple In-Place Editor (click text to edit):

Multiline In-Place Editor (click text to edit):

Test Updating Inside Container
The three editors above are inside of an update container. This link will test to see if they continue to function after an update:
Click to Update

In-Place Editor Stripped (click text to edit). Click outside the textfield to stop editing.:

Numeric In-Place Editor (click text to edit). This one still has some funky error handling when formatting fails, but we'll fix that.: