How to Find What a Particular Keyboard Shortcut Does

Many applications like Terminal also have a menu item like Window > Cycle Through Windows. It stays assigned to ⌘` even if you change the shortcut in the Keyboard & Text Input preferences.

You could add a custom shortcut for Cycle Through Windows in the Application Shortcuts preferences, or disable it with defaults write -g NSUserKeyEquivalents -dict-add "Cycle Through Windows" nul.

You could also force TotalTerminal to use ⌘` by editing ~/Library/Preferences/com.apple.Terminal.plist directly.

<key>ToggleVisor</key>
<dict>
    <key>KeyCode</key>
    <integer>50</integer>
    <key>Modifiers</key>
    <integer>9437184</integer>
</dict>

As of OS X 10.9 “Mavericks”, you can do this right from the Finder:

1. Select your files.
2. Drag ’n’ drop the files to their new destination.
3. Press ⌃⌘N to create a “New Folder with Selection”.
4. Optionally, type a new name the folder and press return (otherwise, the file will be named “New Folder With Items”).

You bring up 3rd-party apps. I don’t see how Keyboard Maestro could help in this particular instance. Hazel — or indeed Apple’s own folder actions — might, but only if your target was always the same folder or set of folders.

But you might want to look at some of LaunchBar’s less known capabilities: here’s a deep navigationless link to their keyboard-powered drag-and-drop instructions.