Applescript to open the current Finder directory with iTerm

gistfile1.applescript

on run
	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"
		activate
		
		try
			set _session to current session of current terminal
		on error
			set _term to (make new terminal)
			tell _term
				launch session "Default"
				set _session to current session
			end tell
		end try
		
		tell _session
			write text "cd " & theDir & ";clear;"
		end tell
	end tell
end CD_to

1. Script Editor -> Export -> as Application
2. Drag n Drop to Finder Toolbar