Ever run a site that needs to hide URL's for whatever reason? Yes, this can be used for both good and bad. Hopefully you can discern against the pros and cons against this code and use it to your own benefit.
If you need to hide the URL's throughout your website, here's what you need to add to your website:
You'll need to modify that to meet the needs of your website. Change 'URL' and WRITE TEXT to match the needs of your site and content. Your links will show NOTHING in the status bar.
I can't think of any practical value for this except for affiliate links and porn sites.