Since AppleScripts often take a long time to start, it may be faster to just type "cd" into terminal, then drag the file to the terminal window. The path is automatically pasted.

Actually, this script is just about instant OMM.

To me, it's way faster to invoke this with the keyboard than to use the mouse to drag. But, the mouse is fatser for many people, it's just a preference.

You probably have the Applescript interpreter running already. Many people don't use Applescript all that much, so using it for a single purpose like this really isn't that much of a timesaver.

I haven't looked into how long the AppleScript interpreter stays open, but I use it daily. Sometimes scripts are instant, other times there is a long delay before they run. If I have been running scripts, it is usually fast, but not always.

I also try to keep mostly to the keyboard, so if I need something in terminal, I usually just stay in terminal. I need this rarely enough that its faster for me to use the `cd'+drag method.