For all the one mac user who reads this blog, I have a major software recommendation for you: Visor.
It's a must-have if you have the slightest inkling about using the Terminal. It lets you assign a key combination to a drop-down terminal window. Press a key and your terminal shows up. Press it again and it disappears. Press it again and it shows up right where you left off before you hid it.
And it also has cool eyecandy effects =]