Quickly removing formatting from copied text

I frequently need to copy text and strip the formatting off of it before pasting it into some other text box. (Usually this blog, actually.) I've developed a little procedure for doing this quickly when there is or should be only one line on the clipboard:

1. Copy the text (Ctrl+C)
2. Open the Windows Run dialog (Win+R)
3. Paste the text (Ctrl+V)
4. Select everything in the box (Ctrl+A)
5. Copy the text (Ctrl+C)
6. Remove the dialog (Esc)

At step 3, formatting is stripped from the text because the Run dialog only has a simple text box. At the end of the quick keyboard-only process, the original text is still on the clipboard, but without its formatting.

(For multi-line texts, I have not yet found a quick method to remove formatting, and so I have to open a scratch Notepad window.)