New Search Features

I think a great feature that Google should develop is a little bookmarklet that allows you to highlight any word on the web and then right-click or something to search for that highlighted word or phrase. I can find some that open a little window to do a search but that isn't what I am looking for. I know someone out there has done this. In fact, Bookmarklets.com has their More Info About bookmarklet but that wasn't quite what I wanted either. So I adapted it and made a bookmark that will allow me to highlight text and then click on it to do a Google search.

Here's the Google Hi-Lite Bookmarklet. Does anyone want to help me make it more robust? I would love the following features:

1. I would like to have it on my right-click menu as an option. I know how to edit the registry for IE for this function but I am getting errors when I try to use the right click option.

2. I would like to have a second option to search exact phrases like you get when putting quotes around a phrase.

Anyone volunteering?