Perdon me respondo y de una vez por si alguien le ocurre igual, debia utilizar el jquery.tinymce.js y no el tinymce.js, simplemente se cambia el archivo al que se hace referencia, se modifica el script para crear el editor y listo.
Código HTML:
<script src="../js/jquery-1.6.2.min.js"></script>
<script type="text/javascript" src="../js/tiny_mce/jquery.tinymce.js"></script>
<script>
$(function() {
$('textarea.tinymce').tinymce({
// Location of TinyMCE script
script_url : '../js/tiny_mce/tiny_mce.js',
// General options
theme : "advanced",
plugins : "pagebreak,style,layer,table,save,advhr,advimage,advlink,emotions,iespell,inlinepopups,insertdatetime,preview,media,searchreplace,print,contextmenu,paste,directionality,fullscreen,noneditable,visualchars,nonbreaking,xhtmlxtras,template",
// Theme options
theme_advanced_buttons1 : "save,newdocument,|,bold,italic,underline,strikethrough,|,justifyleft,justifycenter,justifyright,justifyfull,styleselect,formatselect,fontselect,fontsizeselect",
theme_advanced_buttons2 : "cut,copy,paste,pastetext,pasteword,|,search,replace,|,bullist,numlist,|,outdent,indent,blockquote,|,undo,redo,|,link,unlink,anchor,image,cleanup,help,code,|,insertdate,inserttime,preview,|,forecolor,backcolor",
theme_advanced_buttons3 : "tablecontrols,|,hr,removeformat,visualaid,|,sub,sup,|,charmap,emotions,iespell,media,advhr,|,print,|,ltr,rtl,|,fullscreen",
theme_advanced_buttons4 : "insertlayer,moveforward,movebackward,absolute,|,styleprops,|,cite,abbr,acronym,del,ins,attribs,|,visualchars,nonbreaking,template,pagebreak",
theme_advanced_toolbar_location : "top",
theme_advanced_toolbar_align : "left",
theme_advanced_statusbar_location : "bottom",
theme_advanced_resizing : true,
// Example content CSS (should be your site CSS)
//content_css : "css/content.css",
// Drop lists for link/image/media/template dialogs
template_external_list_url : "lists/template_list.js",
external_link_list_url : "lists/link_list.js",
external_image_list_url : "lists/image_list.js",
media_external_list_url : "lists/media_list.js",
// Replace values for the template plugin
template_replace_values : {
username : "Some User",
staffid : "991234"
}
});
});
</script>