I know what you mean, I almost made a post on PC asking for someone to right a script for me so I could have a shortcut for it. But I figured it would be a bit too much to ask. It certainly would save a lot of time in the long run to have such a shortcut.
That sounds super easy to do in maxscript if you're just toggling a modifier or traversing the stack. I won't bother piecing something together because Rob will just blow my 85 line script away with 2 lines of awesome. Unless of course he fails to make awesome. Just out of curiosity whats wrong with toggling the little…