Update

With ES6, this is possible in exactly the manner you have described; a detailed description can be found in the documentation.

Old answer

Default parameters in JavaScript can be implemented in mainly two ways:

function myfunc(a, b)
{
    // use this if you specifically want to know if b was passed
    if (b === undefined) {
        // b was not passed
    }
    // use this if you know that a truthy value comparison will be enough
    if (b) {
        // b was passed and has truthy value
    } else {
        // b was not passed or has falsy value
    }
    // use this to set b to a default value (using truthy comparison)
    b = b || "default value";
}

The expression b || "default value" evaluates the value AND existence of b and returns the value of "default value" if b either doesn't exist or is falsy.

Alternative declaration:

function myfunc(a)
{
    var b;

    // use this to determine whether b was passed or not
    if (arguments.length == 1) {
        // b was not passed
    } else {
        b = arguments[1]; // take second argument
    }
}

The special "array" arguments is available inside the function; it contains all the arguments, starting from index 0 to N - 1 (where N is the number of arguments passed).

This is typically used to support an unknown number of optional parameters (of the same type); however, stating the expected arguments is preferred!

Further considerations

Although undefined is not writable since ES5, some browsers are known to not enforce this. There are two alternatives you could use if you're worried about this:

b === void 0;
typeof b === 'undefined'; // also works for undeclared variables