Opening a terminal window in the current Nautilus directory

***NERD ALERT****

#!/bin/sh
cd $NAUTILUS_SCRIPT_CURRENT_URI
gnome-terminal

Place this file in ~/.gnome2/nautilus-scripts, then make it executable
(chmod a+x Open-terminal). Now, when you right-click in a nautilus
window, you should have a submenu "Script", with your "Open-terminal" as
the first choice. Choose it, and you get a terminal window corresponding
to that folder.

Opening a terminal window in the current Nautilus directory