If you're going to use it as a drop-down,
like the forum jump, why not just use the forum jump instead?
(I don't use forumjump anywhere on my board because before we ever started using vBulletin, everyone was used to these links, which I had hard-coded back in our UBB days. So, basically, I see this as an alternative to the forumjump feature...an easier-to-use alternative, since it just takes one click, rather than opening up the drop-down, scrolling if needed, etc. But if you like both, good for you!

)