You can opt to create your own custom events so you’ll still have a clear separation of logic.
Bind to a custom event:
$('#laneconfigdisplay').bind('contentchanged', function() {
// do something after the div content has changed
alert('woo');
});
In your function that updates the div:
// all logic for grabbing xml and updating the div here ..
// and then send a message/event that we have updated the div
$('#laneconfigdisplay').trigger('contentchanged'); // this will call the function above