Download current build of iTerm 2 from: http://www.iterm2.com/ NOTE: Only builds 480 (Jan 11 2011) and later support import of color schemes. If the stable release doesn't include this function, grab the nightly build from: http://code.google.com/p/iterm2/downloads/list Open iTerm 2, open Preferences, click on the "Profiles" (formerly Addresses, formerly Bookmarks) icon in the preferences toolbar,