1:45 p.m. on December 3, 2012 (EST)
This is what I posted in 2010:
I have hiked the Teton Crest Trail many times in the last 30 years. I never heard anything about getting altitude sickness from going up on the tram, but I guess its possible. Jackson Hole (JH) is 6000 feet above sea level. The tram takes you to 10,400 feet.
If you want to start at Jenny Lake to do the TCT, I would suggest this:
Day one:
Start on the Jenny Lake trail and follow along the lake to the northeast to the String Lake crossover and then go on the Paintbrush Divide trail. Hike up and over this trail to Lake Solitude the first camp.
Day two:
Hike down the North Fork Cascade Canyon trail to where Cascade Canyon divides and take the South Cascade Canyon trail towards Hurricane Pass. This will take you to the highest point on the trail at the pass.
Follow on the TCT and head south into the Alaska Basin and the Sunset Lakes area. This is camp 2.
Day three:
Hike up and over Fox Creek Pass to the southwest along Death Canyon Shelf. After the pass continue on to Marion Lake. This is camp 4.
Day four:
Hike down into Granite Canyon along the North G.C. trail until you come to the first trail Jct, take the left and go down Granite Canyon to the Valley Trail. Turn north again when you get to this trail and head north back towards Phelps Lake, staying on the Valley Trail all the way back to your car at Jenny Lake.

This is a map I made for some others a few weeks ago that were requesting a route like yours. The only difference is where you will go along the northeast side of Jenny Lake above near the upper right of this map.
If you have two cars it could be easier to hike down the Granite Creek trail and then take the right hand trail to Teton Village along the Valley Trail, or hike up to the top of the tram from Marion lake by following the North Granite to the middle and south Granite trail and up to the tram. They will let you take the tram down for free being you hiked all the way to the top. The view from the top of the tram is great of all of Jackson Hole.
If you want me to send individual topos showing the daily route email me atcpatflgaz@yahoo.com with Teton Crest Trail in the subject line and I will be happy to make you up the maps that you can download and view and decide apon till your hike in September. I made the above map at www.mapcard.com
and you can also go to another USGS site at:
http://store.usgs.gov/b2c_usgs/usgs/maplocator/(xcm=r3standardpitrex_prd&layout=6_1_61_48&uiarea=2&ctype=areaDetails&carea=%24ROOT)/.do
The above link the maps are free and its easy to use and save maps.

View of the Tetons from the north end of Jenny Lake