It would really be nice to have a shell view inside eclipse. Eclipse offers user interface for many things and i tend to write shell/ant scripts before writing a complex command thrice, but I regularly use a bash for updating my servers or work on system related stuff that cannot be automated.
I tired the Eclipse plug-in Wicked Shell after reading a related post on Eclipse Planet. It looks OK for Windows cmd.exe, but can't compete with a linux terminal.
The plug-in EasyShell just contributes a context menu action to the navigator that opens an external terminal. I haven't tried it yet.
In the end i added an external tools launcher (/usr/bin/gnome-terminal ) with the workspace root as working directory, without console and auto build. I also configured a key binding for "Run Last Launched External Tool". Its not perfect but saves some moves and the usual directory change.