Apple - How can I open a Terminal window directly from my current Finder location?

As of Mac OS X Lion 10.7, Terminal provides Services for opening a new terminal window or tab at the selected folder in Finder. They also work with absolute pathnames selected in text (in any application). You can enable these services with System Preferences > Keyboard > Keyboard Shortcuts > Services. Look for "New Terminal at Folder" and "New Terminal Tab at Folder". You can also assign them shortcut keys.

In addition, you can now drag folders (and pathnames) onto the Terminal application icon to open a new terminal window, or onto a tab bar in a terminal window to create a new tab in that window. If you drag onto a tab (rather than into the terminal view) it will execute a complete cd command to switch to that directory without any additional typing.

As of OS X Mountain Lion 10.8, Command-Dragging into a terminal will also execute a complete cd command.

Note: The New Terminal at Folder service will become active when you select a folder in Finder. You cannot simply have the folder open and run the service "in place". Go back to the parent folder, select the relevant folder, then activate the service via the Services menu or context menu.

The solution to your troubles is called Go2Shell and it does exactly what you're describing. You can find it on the App Store and best of all... it's totally free.

cdto seems like it is just what you need. It is a mini-application, designed to be put in the Finder's toolbar, when you run it it will open a terminal window and cd to the current directory in Finder.