Here's the next great idea (yes, it's my idea... ). Being a grad student, I'd pay money for this if someone would develop it as an add-in. Does anyone know if someone already has? Thanks.

Make this part of "Send to OneNote" possibly... highlight text, right click (or keystroke) and select, "Make Flashcard Question or Term" AND/OR "Make Flashcard Answer or Definition." Make these a specific page format and allow them to be collected and organized into a coherent selection of flashcards that the user chooses in a separate flashcard organizer. You could also give the capability to use a screen shot (or audio file for pronunciations) as either the question/term or answer/definition. Ensure multi-language support is provided for foreign language studies.