command line fu on mac osx

On the linux command line (as in emacs) it's easy to jump words:

Terminal on Debian
Ctrl+f	jump one word forward
Ctrl+b	jump one word backward

To get the old feeling from the linux command line (and a lot of additional functionality) get iTerm2 and adjusted some key bindings in the preferences:

iTerm2 on Mac OSX
Alt+f	jump one word forward
Alt+b	jump one word backward

Examples of what you can do with the command line? http://www.commandlinefu.com