title: Setting the text of an <option> element using jQuery
body: <p>Using jQuery what is the best way of editing option text for a given select value.</p>
  
  <p>I know the value of the option I want to edit.  I thought it would be something like...</p>
  
  <pre><code>$('#select').val().$('option').html('New Text');
  </code></pre>
  
  <p>But I am clearly missing something.</p>