Mouser has a similar tool
https://www.donationcoder.com/forum/index.php?board=14.0
It was built as a novelty (to show how messages get lost in translation).  It also works good for error checking translations though.  I found that some Spanish characters didn't display correctly, but it works well otherwise.

I live in Wa State and got the below email about the "OPEN Act." NOw I need to figure out that that's all about.  Sounds like more of the same.
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Dear Mr. Kunkel,
 
Thank you for contacting me about the internet streaming of copyrighted material . I appreciate hearing from you on this issue.
 
On May 12, 2011, Senator Leahy (D-VT) introduced S. 968, the Preventing Real Online Threats to Economic Creativity and Theft of Intellectual Property (PROTECT IP) Act. Under current federal law, U.S. law enforcement officials and holders of copyrights, trademarks, and patents, have limited legal remedies available to combat internet websites that are registered in foreign countries but operate in the United States by selling products, services, and/or content that violates U.S. intellectual property law. If enacted, the proposed legislation would create an expedited process for the Department of Justice and intellectual property rights holders to shut down through a court order these websites by targeting the owners and operators of the Internet site, if known, or the domain name registrant associated with the Internet site.
 
While I am supportive of the goal of protecting intellectual property, I am deeply concerned that the definitions and the means by which the legislation seeks to accomplish these goals will have unintended consequences and hurt innovation, job creation, and threaten online speech and security. On November 17, 2011, I signed a letter along with Senator Ron Wyden (D-OR) objecting to the bill as it is currently written.   
 
On December 17, 2011, Senator Wyden introduced the "Online Protection and Enforcement of Digital Trade" (OPEN) Act (S. 2029), of which I am an original co-sponsor. The bill has been referred to the Senate Finance Committee, where it is currently awaiting further review. The OPEN Act is a more effective approach to stop foreign web sites that are found to be primarily and willfully used to infringe intellectual property rights. The OPEN Act builds on the existing legal framework used by the International Trade Commission (ITC) for addressing unfair acts in the importation of articles into the United States, or in their sale for importation, or sale within the United States after importation.
 
Our trade laws have yet to catch up to deal with the global digital economy. The OPEN Act recognizes that the Internet has created new opportunities for foreign products to reach the U.S. market and that there is little difference between downloading a pirated movie from a foreign website and importing a counterfeit movie DVD from a foreign company. For those foreign web sites that are determined after an investigation to be primarily and willfully infringing, the International Trade Commission will issue a "Cease and Desist" order. The "Cease and  Desist " order may also be served on financial intermediaries that provide services to that foreign web site, compelling financial payment processors and online advertising providers to cease doing business with the foreign site in question.  This would cut off financial incentives for this illegal activity and deter these unfair imports from reaching the U.S. market.
 
The OPEN Act addresses the same challenges as the PROTECT IP Act, while protecting freedom of speech, innovation, and security on the Internet. The challenge of rogue web sites is one that many nations face. The United States has always been seen as a leader on Internet issues. Laws we establish in the United States regarding the Internet are likely to be used as models around the world. And because the Internet is global in nature, it is important that we carefully consider how the laws and policies we adopt in this area may be received and translated by other countries.
 
The Protect IP Act was scheduled to go to the Senate floor for a procedural vote on January 23, 2011. Due to the effective grassroots advocacy and public outcry against the bill, Majority Leader Harry Reid (D-NV) has pulled the proposed legislation from the floor calendar. 
 
I appreciate Majority Leader Reid's decision to postpone a vote on the PROTECT IP Act. America's economy thrives on innovation and freedom of speech. We can't afford to rush an Internet policy that could trample on our innovation economy. The American people clearly spoke and their voices were heard. As we move forward, I'll continue to advocate for a policy that protects both creative content and online freedom of speech.
Thank you again for contacting me to share your thoughts on this matter. You may also be interested in signing up for periodic updates for Washington State residents. If you are interested in subscribing to this update, please visit my website at  http://cantwell.senate.gov . Please do not hesitate to contact me in the future if I can be of further assistance.
 
Sincerely,
Maria Cantwell
United States Senator

I know what you mean, Tranglos, about being a sucker for a good UI.  I've tried lots of times to self-teach myself AHK, but end up getting frustrated and going back to MacroExpress, because there's no code needed.  (Though you do still need to understand the logic behind more complex macros, and you have to become a quasi-expert if you want to manipulate the registry, work with .ini files, and that sort of thing.)  The different possible activations are pretty versatile.   I think maybe you can have a space character as a suffix activation, which makes it like an autocorrector.  But I think you'd have to create each item as a separate macro which would be prohibitively time-consuming. The sister product, ShortKeys, actually lets you import the .acl library from office (e.g. C:\Program Files\Microsoft Office\Office12\1033\MSO.ACL), which is nice.  UNFORTUNATELY, I found that ShorkKeys conflicted with the built-in autocorrect of Word, so I don't recommend it.  (fyi Here is a comparison chart of the apps: http://macros.com/compareproducts.htm).

Lastly, regarding autocorrects, have you tried the AHK script that this Jim fellow made http://www.autohotkey.com/docs/Hotstrings.htm#AutoCorrect ?
It's pretty sweet and has a gizmo for quickly adding new items.  I think you could probably also use it as a text-expander(?)  You'd just have to be careful to not have any real words replaced.  (For example use "myaddy " to activate your address, but don't use, "add ")