I can't find a hint for this on the site, and it's probably not new, but I only just stumbled on this. The Finder toolbar, by default, has Previous and Next buttons that let you navigate back and forth in folders. If you click the Previous button, you'll go back, one window at a time, to all the folders you've visited in that Finder window. But if you click and hold that button, you'll see a list of all the folders you've visited, and can jump to any of them by selecting one. This is a good way to get to a folder you've used but that's far from where you are in the file system.
Mac OS X Hints