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getting the file input value in jquery
<div class="divClass" id="FirstAd">
<h4 align="center">
        Advertisement 1</h4>
    <div style="float: left; width:25%">
        <img src="images.jpg" id="replaceMe" width="100px" height="130px" /></div>
    <div style="float: right; width:70%; left:30%">
        <input type="text" style="width: 197px" /><br />
        <br />
        <textarea class="AdContent"></textarea><br />
        <br />
        <input type="file" id="myImage" size="30" onchange="pictureUpload()" /><br />
        <input type="button" value="Preview!"/><br/>
    </div>
</div>

function pictureUpload() {
        $(document).ready(function() {
            var imagepath = "file:\" + $("#myImage").val();
            $("#replaceMe").attr("src", imagepath);
            alert(imagepath);
        });
    }