Basic options
$('.text li').smartTruncation();
Settings and defaults
$('.text-2 li').smartTruncation({
"truncateCenter" : true // "Hello World" -> "hel..rld"
});
$('.files li').smartTruncation({
"protectExtensions" : true // "myimagefile.jpg" -> "myimagef...jpg"
});
Get more info and try a demo here.
The plugin currently doesn't work too well with tables (and I realize that that's a big usecase). It's all about the CSS. If you can provide a properly scaling block-level container around the element you want to truncate, then you should be good to go. CSS is your friend.