It would be great to have functionality such that if certain text in say a web browser or word processor is selected, and then launchy is called, it should take the selected text as a parameter if no other text is entered for the parameter. For example, if i select some text, and then type translate and press tab, it could show the selected text as greyed out in the background of the bar. If i enter any other text, that selected text will be cleared out and the entered text will be translated, but if i don't enter any text and just press enter, the selected text will be translated...
This would be very very useful, as many of the features of launchy require text inputs which are likely to be some text we just come across somewhere, most probably in a browser. This would save a considerable number of keystrokes and is a standard feature in many other app launchers similar to launchy, such as Dash