Automator task for Finder. Cmd drag to put in Finder bar.

open_iterm

on run {input, parameters}
  tell application "Finder"
    set dir_path to quoted form of (POSIX path of (folder of the front window as alias))
  end tell
  CD_to(dir_path)
end run

on CD_to(theDir)
  tell application "iTerm"
    set _term to (make new terminal)
    tell _term
      launch session "Default"
      set _session to current session
    end tell

    tell _session
      write text "cd " & theDir & ";clear;"
    end tell
	
	activate
	
  end tell
end CD_to