I just added the Directory applet to LXPanel - and I like it!
However, there seems to be a misbehavior - a bug. I have LXTerminal as default terminal. Opening a directory in terminal using the applet, works fine. But after closing it, and wanting to open a new terminal, I don't expect it to open in the directory last opened by the Directory applet. I expect it to open in '~'.
Nobody on IRC answered.
Bug reported in tracker.