credit to bonkers at macscripter for this slick script.
original thread
if someone had a few minutes free, it would be awesome to turn this into a polished app that ran automatically with itunes, sat in the background, maybe handled the clipboard a little less visibly.
here is the script; it's got definite potential:
Script
action shot
dumps lyrics to a text file, then use geektool to display that file on the desktop.