Layer via Copy/Cut

GIMP 2.8 Python Plugin.
Copy and move the selected area to a new layer in the same position.

This function is similar to the functions with the same names in Photoshop, and more powerful. Unlike them, it can copy/cut content, not just from one layer, but also from the layer groups.
In Photoshop, this is not possible :)

Installation Instructions:
1. Extract "layer-via-copy-cut.py" from .zip archive to the ".../.gimp-2.x/plug-ins/" directory.
2. Make sure that the extracted file is executable.
3. If you are already running GIMP, close and reopen it.

This plugin requires Python!
If you have the "Filters > Python-Fu > Console" menu item you are all set. If not, install Python support for GIMP.

Download:
Download from my site with some gimp plugins:
some-gimp-plugins.com

Version History:
v1.6 (09.01.2014)
- Over 35% speedup.
- Some code improvements.
v1.5 (04.06.2012)
- Added automatic cache cleanup.
- Fixed bug with non-rectangular selection.
v1.4 (04.06.2012)
- The new layer/group is created above the original, and not at the top of the stack.
- Some code improvements.
v1.3 (01.06.2012)
- Initial release.

My other plugins:
Scale Layer to Image Size
Create Layer Mask from...
Duplicate to another Image
Place Layer into Selection