Over the past year, I scoured Google for an Eclipse plugin that 
would launch the terminal in a specific folder for me. I was picturing something that added a right-click context menu option for opening any folder in a project in the console so I could do command line stuff on it.
I would do a bunch of searches and find nothing, give up for a few months until I needed the functionality again, do a bunch of searches, give up, and so on…
Finally, one day I found a page hinting at the External Tools toolbar menu option: 
(If you don’t see this in your toolbar, right click on it–>customize perspective–>check the box next to External Tools)
Once you find that button, click the down arrow on it and then select the “Open External Tools Dialog…” menu item.
Click “Program” and then click the “New” button.
The configuration I used in Ubuntu with Eclipse 3.3 is pictured below. I’m sure it will work with any recent Eclipse and any OS (Windows, Mac, Unix flavor), just change the name of the process that you are launching.
Location: /usr/bin/gnome-terminal
Working Directory: ${resource_loc}
Arguments: –geometry=118×33+25+10
October 22nd, 2008 at 6:43 pm
After you do this, how do you open the terminal?
October 22nd, 2008 at 8:39 pm
Click “Organize Favorites” under that “External Tools” button. Click Add, then choose “Terminal”.
Now, after selecting a folder, click that “External Tools” button, then choose “Terminal” and you will be in that directory in a terminal.