I don't know where this thread actually goes.

A nyways, I just switched from Fedora 8 to Ubuntu 8.04 LTS. I frequently use the terminal. The one noticeable difference between the two is that the Fedora terminal only displays the name of the current directory, whereas the Ubuntu terminal bothers to display the entire path. Its irritating me a lot.

Is there any option available to make the Ubuntu terminal show only the folder name instead of the entire path. I'm sure I can remember which folder is located where.

THANKS FOR THE HALP IN ADVANCE.

Do you mean "Displayed at the prompt?" If so, look at and see if changing the $PWD part can help. Note that the prompt uses the vaiables USER, HOSTENAME, etc., and substitutes ~ for HOME if it's in the PWD string. Anyhow, you can probably change .bashrc to set the prompt to anything you like when you start a BASH shell.

The bash shell (I assume your using bash)
uses special key sequences to display the prompt.
The prompt is controlled by a variable called PS1.

To see the current prompt, type [B]echo $PS1[B],
the full path is displayed by a \w, to see only the
working dir, you need to change this to a Capital W.

Be sure to set your variable using qoutes:

[B]export PS1="[\u@\h \W]$ " [B]

Note, no spaces around the equal, but a space after the $ if you want it.
Also, from your echo command above, you may have seen a lot of other
stuff, this is usually to set the colors, add those back in if you want.

Variables only exist in RAM, if you want them set when you login
in, add the line above to ~/.bash_profile,
if you want it anytime you open a shell, add it to ~/.bashrc

Wow!!! If this is the only issue you ever have with Linux, then you are really lucky!! Actually, I prefer the opposite--I want to see the whole path.

More than you wanted to know about how to customize it:
http://tldp.org/HOWTO/Bash-Prompt-HOWTO/index.html