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Comment by vilgax | Hacker News Reader

Better than that for me is "Alt+.", much easier to type. It can be also combined with number like "Alt+2+." will insert second argument. Similarly "Alt+0+." will insert last command. http://linuxcommando.blogspot.in/2009/05/more-on-inserting-a...

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If you are on OS X and use Terminal.app “Alt-.” won’t work because Alt is used for alternate characters. You have two options: enable “use option as meta” in the app settings (but you lose the extra characters) or use “Esc-.” instead.

Yes, I know about iTerm. I don’t want it.

One way or another, that's true of any terminal. The shell sees characters, not keystrokes.

iTerm2 by chance? Carries a great deal of improvements over the original iTerm and is under active development.

In my bash/readline/whatever, Alt+<N>+. gives the Nth-from-the-end argument to the previous command. so,

    $ echo a b c d
    a b c d
    $ echo # pressing <Alt+<2>+.> here inserts 'c', not 'b'.

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