Cobalt is invoked through pressing [Alt space] or [Ctrl space] (this can now be changed in admin). Then you only have to start typing to quickly get what you want. Use the arrow up/down to select one of the suggestions and [Alt left/right] to switch between the the pages. Cobalt will learn from your choices so the amount of selecting and paging will decrease over time. If you are satisfied with the default action (Go to for menu items) you can just press enter to execute it.
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