Script Debugger Selection to Clippings, after obtaining a file name from the user, will create a clipping file from the selected text of the front Script Debugger window. The clipping will be created at the root level of Script Debugger's Clippings folder. Developer note: While the script was developed in and for OS X, it might work on pre-OS X systems by using Satimage osax. I haven't explored this possibility.
What's new in Script Debugger Selection to Clippings
Version 1.0.1 fixes an issue where property (path to clippings folder) was retained from my computer.