Untitled

previous fancybox window closed if user clicks on another fancybox link
$(".MyDivLink .MySettingsDivLink").fancybox({
    'scrolling'         : 'no'
});

<a class="MyDivLink" href="#MyDiv"></a>

<div id="MyDiv" align="center">
        <textarea></textarea> //and other datafields
    <a class="MySettingsDivLink" href="#MySettingsDiv"></a></div>

<div id="MySettingsDiv" align="center">
        //extra settingsfields
    <a href="#" onClick="$.fancybox.close();">SAVE</a></div>