Spawn a new iTerm window in the pwd

SpawniTerm.applescript

on run argv
	tell application "iTerm"
		set t to make new terminal
		tell t
			activate current session
			launch session "Default Session"
			tell the last session
				write text "cd \"" & item 1 of argv & "\"; clear; pwd"
			end tell
		end tell
	end tell
end run

zREADME.md

Add this to your .aliases with:

function spawn { osascript ~/Dropbox/Code/Applescript/Spawn/SpawniTerm.applescript $PWD }

Changing the ~/Dropbox/Code/Applescript/Spawn/SpawniTerm.applescript appropriately. Then run spawn from the command line.

Created with help from:

http://stackoverflow.com/questions/4438147/alias-with-variable-in-bash
http://hints.macworld.com/article.php?story=20050523140439734
http://superuser.com/questions/283418/how-can-i-make-terminal-vim-my-default-editor-application-in-mac-os-x/283422#283422
https://gist.github.com/1769355