Nokia have released a update for touchscreen phones, Nokia 5800 XpressMusic, X6 and 5230.
This update have new music player with lyrics, it display embedded lyrics of the song playing on Ur phone.
To download this update, go to Menu > Applications > SW Update.
Download and install the update
Restart ur phone
Go to the Music Player
Click on Options menu of Now Playing view and
Enable the feature when lyrics are available.