Good idea but it lacks the 2 most important features I wanted.
1. I don't want to just copy the current link and have it on bitly! I want to click the scissors, have a dialog pop up, and be able to name the shortened link - like a bookmark. For example Amazon-Saxophones. It should tell me if the name is already taken. I should also have a prefix specified so all my links might start with SF- for example.
2. on that same interface, it needs to show me a list of what I've linked to recently, and ideally a popup of all my links organized and sortable by when and the name/title, website, etc.
3. you should be able to right-click and do this also.