I like hotkeys, or ...don't like a mouse. My openSUSE 10.3 trick does not work in openSUSE 11.0
To define a hotkey in openSUSE 11.0 with compiz enabled do the following:
launch ccsm > commands > run terminal and set shortcut key
Thanks Jigish for pointing me to the CompizConfig Settings Manager.
gnome-terminal --geometry=140x40 will adjust the default size of the terminal window.
google: hotkey terminal, gconf-editor, key bindings, opensuse 11.0, gnome, compiz hotkeys