I believe by default - assuming it is included in the default
install - it is usually in /Applications/Applescript. I think you just
launch it once from there and it installs itself - you don't have to
mess with it again. Drag it from menu bar to dispose of it.

You can also find it at the Apple site under Applescript

I would highly recommend you take a look at FastScript
(mentioned above) as a replacement for ScriptMenu - same
functionality - less overhead, and faster.

just found your comment via Google - i'm trying to find out how to remove the Scripts Menu from my menu bar. The drag-out-of-menu-bar doesn't seem to work; it just opens the menu itself. Do you know of another way to get rid of it? Thanks!

Yeah, I had the same problem, too. You have to command(open apple)-drag to get rid of the damn thing.

another "obvious" macism.

don't get me wrong, i love mac os x... but coming from a unix environment, all these wierd option clicks and command clicks which are never documented drive me bonkers.

you can also use this to move the order of the wireless indicator, the power bar, the ichat bubble, the volume controls, and the clock around.... unfortunately it doesn't seem to work for the third party apps i have up there, but i can move them around by changing the order that they get executed in my login items.

hope this helps