I use LaTeX with the hyperref package and I have things like:
hyperref is \href{http://www.tug.org/applications/hyperref/}{documented in detail}. It allows...
In the PDF output, it shows:
hyperref is documented in detail. It allows...
The link works but the URL is not displayed which is a big problem when printing the file. I do not find an option to change that in the documentation.
Some of the hyperref files I work with are not generated by hand but by dblatex so changing every \href{...}
is probably not an option.
For the hyperref side, see Will Robertson's solution. For dblatex, I wrote a customization script, by copying the XSL templates for <ulink>
and similar elements and then producing a different LaTeX code. It is no longer necessary since the release of dblatex 0.2.10 which has the necessary option.