Brian,
This is just another abbreviated version of your code:
Code:
Sub MoveToOutTakes()
Dim oRng As Range
Set oRng = ActiveDocument.Range
oRng.Collapse wdCollapseEnd
If Selection.Start = Selection.End Then
MsgBox "Nothing selected", vbOKOnly
Exit Sub
End If
oRng.FormattedText = Selection.FormattedText
Selection.Range.Delete
End Sub