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I love shortcuts, and I tend to create a lot of them, but the overhead tends to add up very quickly. Open Preferences, click on Shortcuts, add a new shortcut, copy and paste the information in there, etc.

A shortcut to create a new shortcut would make this process a lot easier. Press the shortcut when you're on a page and it will open up a dialog with the URL (and possible name from <title>) filled in. You just set your keyword, configure it for search if you want and go. Perhaps an option in the contextual menu for right-clicking on links, too.