Sorry, but what colour is the silicone you are trying to cut. If on the graph you showed optical damping is related to absorbance, then the material although "clear" as you put it is coloured and a 532 nm laser might be a better, although more expensive, option. (Your strongest peak on the graph is at ~540 nm!) As 532 is DPSS you'll also have much better beam characteristics and less issues focussing it to a small dot. :beer:
Edit: BTW have you seen this thread? Maybe of interest to you...: http://laserpointerforums.com/f57/diy-laser-cutter-project-58283.html
graind, thanks I didn't know a laser existed in that wavelength! What kind of Wattage can you get in that color?