Is there a module that can replace tabbed menus with contextual links? The tabbed menus at the top of node with entries like View, Edit, Outline takes too much space for my liking. In my case I also use the Node Clone module which also takes up more space because it uses an action link.

Is there a module to hide the tabbed menu and expand it on demand, or change it to contextual links? I have seen a few examples but they all seem to require changes to existing theme files or modules. Is there one implemented as standalone module?
The Custom Contextual Links module does this https://drupal.org/project/ccl 

Jeff Eaton gives a good overview of this module https://www.lullabot.com/blog/article/module-monday-custom-contextual-links

Alternatively, you could theme the existing menu to be styled like contextual links since both use an unordered list, just different css classes that trigger style and javascript behavior.  To do so you could either use a custom module to add the css classes necessary or add your own css rules.