Most succinct way to convert ListBox.items to a generic list

I am using C# and targeting the .NET Framework 3.5. I'm looking for a small, succinct and efficient piece of code to copy all of the items in a ListBox to a List<String> (Generic List).

At the moment I have something similar to the below code:

        List<String> myOtherList =  new List<String>();
        // Populate our colCriteria with the selected columns.

        foreach (String strCol in lbMyListBox.Items)
        {
            myOtherList.Add(strCol);
        }

Which works, of course, but I can't help but get the feeling that there must be a better way of doing this with some of the newer language features. I was thinking of something like the List.ConvertAll method but this only applies to Generic Lists and not ListBox.ObjectCollection collections.