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A way to find the folder for me is to go up to the script icon in the top menubar

pull it down to a folder (do not highlight a file)

For example: I pull down to the 'applications' folder, slide over to the 'OmniFocus' folder

at that point I let go of the mouse and the folder opens

if there wasn't an OmniFocus folder I would let go on applications and then (as you indicated) create one.

this is a great idea ---- an applescript FAQ