Code for preventing an hyperlink from going to its href?

$('#' + id).html('<a href=&quot;http://www.dotnetfunda.com&quot;>http://www.dotnetfunda.com</a>');
$('#' + id + ' a').live('click', function (e) {
    e.preventDefault();
    $('#' + id).html('Prevented going to http://www.dotnetfunda.com and displayed this message instead.');
});