You don't want to let the lines just drip because if the master cyl goes dry, it's a PITA to bleed, you'll have to bleed the whole system, not just the front wheels. If only a little fluid drips out while changing the calipers, you can just bleed out the two new calipers and be done with it. If you want to flush the fluid out, bleed all 4 wheels and make sure the master cylinder doesn't go dry while you're doing it...keep bleeding until clean, new fluid comes out. Yes, this will require a shitload of brake fluid.
First of all, are you sure both your calipers are bad? Don't replace them just for "maintenance", that's a waste of time and money.
I'd get the reman'd units from NAPA, install them, then bring your cores back. You'll get the money back for the CORE charge, you don't have to give them the cores when you pick up the reman'd units.
But, to answer your question, they do make clamps that can clamp off rubber brake hoses. They're rounded so they don't damage the line, vise grips or just about anything else will run the risk of causing damage to the hose.