As evidenced by the comments below this is apparently a third party product. What mystifies me is how it came to be on my machine, since I did not download and install it. Who knows. If you are a Safari user who would like this addition hop over to here and download it.
I updated my home machine to 10.4.2 tonight and after launching Safari I noticed something odd:

Eh? Web Dev additions? What in the world is that?
So being who I am, I started snooping around looking for what these “additions” actually did. I soon found out, and much coolness ensued. So lets take a look at what is new:
The New and Improved Edit MenuTM
Pop open the Edit menu and you will find a new section falling between Autofill and Find:

The first two are pretty straightforward, a javascript console that is less functional than the one in Firefox but still a step forward, and Show CSS Styles, which I have not been able to get to work yet… still looking into it.
The really exiting stuff is what comes next, Disable and Outline. Let’s take a closer look:
The Disable Menu or out, out damn images!

Yeah that is finally some Development Hotness for Safari users, yes Firefox has had if for ever… yada yada. The point is that Safari is finally coming to the table to play with the big boys. So here is a shot of this site with images turned off:

Very satisfying to see your layout not change when images are turned off. Mmmmm.. CSS good. So moving on we have:
The Outline Menu or Keep those crayons inside the lines!

I have always found this the most useful bit of the web-developer extension in Firefox. And of course my favorite is Block Level Elements. For a look at how useful it can be, take this shot of the divitis that Sillyness suffers from… just embarrassing I need to do something about this:

Just sad really. So anywhoo, this is some serious love that is being bestowed upon the unwashed masses that are still trying to use Safari as our main development browser. Much love Hyatt and team for a jorb well done.
And for the love of Mike get out there and play around with it a bit, see what you find. Might actually learn a thing or three… I know I have already.

Stroll on over and visit Feaverish
March 1, 2007
Ryan beat me to the punch…
Stroll on over and visit MacManX
March 1, 2007
I just upgraded all of my computers to 10.4.2 and neither of them have these snazzy “WebDev Additions”. :( I feel so left out. I’m curious as to how you got it after the update. Oh well, at least I still have Firefox and the fabulous Web Developer Extension.
Stroll on over and visit Indranil
March 1, 2007
makes you wanna buy a real mac rather than seeing the slo mo in PearPC :)
Stroll on over and visit David
March 1, 2007
In fairness to Apple (and not to disparage my beloved Firefox), the Web Dev stuff is only available as an extension.
Stroll on over and visit clint
March 1, 2007
wow, I’ll never put down my FF, but its good to see apple actually providing something for professional developers, its a start….
Stroll on over and visit Chris J. Davis
March 1, 2007
Strange, I haven’t downloaded and installed anything for Safari other than PithHelmet, and the 10.4.2 update. I am not sure how this got onto my system if it isn’t from Apple…
Stroll on over and visit Bruce Freeby
March 1, 2007
I too, got this extension without installing it… maybe it came along with CSSEdit or something (?)