Graphics on this demo is from the demo clipart of Xara Designer Pro.
Consider this short demo. It uses the jQuery plugin "SlickWrap" to make text flow around images. It is fun, but not perfect..
After my litle test/demo of SlickWrap plugin My conclusion is that it is not ready for use in general, but it can be used for small static demoes like this one.
Mozilla simply stopped worked if I put images into the test in some cases.
The plugin does a good job, but it does not work well if you have custom CSS on the images. The drawing of Grouncho, I wanted to be shown to the left, overlapping the border of the page. It was not easy, and if I change some text it sometimes does not work.