I had the same issue with SimpleTinyMCEField. I found it easier to wrap the config javascript in a...
(function($) {
// code...
})(jQuery);
which passes it the jQuery object. Then you don't have to modify all the dollar signs in the code to use 'jQuery' or turn on noconflict.
The config...
(function($) {
$(function() {
$('#%s').tinymce({
plugins : '%s',
theme : '%s',
%s,
theme_advanced_toolbar_location : '%s',
theme_advanced_toolbar_align : '%s',
theme_advanced_statusbar_location : '%s',
theme_advanced_resizing : %s,
paste_auto_cleanup_on_paste : true,
paste_remove_spans: true,
paste_remove_styles: true,
content_css : '%s'
%s
});
});
})(jQuery);