Created attachment 106846 [details]
Textarea placeholder text is cutted.
Created attachment 106875 [details]
I can reproduce this in Safari 5.1 on Mac (if I make placeholder text longer, as the existing one fits on one line with Mac fonts). But I cannot reproduce this in ToT. Please test with a WebKit nightly from <http://nightly.webkit.org>.
*** This bug has been marked as a duplicate of bug 51290 ***