[Cogwheel]

New version posted. See the link in the OP for details.

Thanks to everyone's enthusiasm, I've been able to identify several methods that are worth the additional macro slot for McLib:

:N (GetName)
:SAP (SetAllPoints)
:CAP (ClearAllPoints)
:T (SetText)
:FT (SetFormattedText)
:CF (CreateFontString)
:HS (HookScript)

I've also added a couple more code shortening tips.