How can I create a Cygwin shortcut that will open Cygwin at a specific folder? This would obviate having to type
cd /cygdrive/c/Users/Tom/Desktop/
based on @LindseyD answer I created a simple BAT file, that opens cygwin in current directory, it may be useful (for me it is). Assuming that You have cygwin's bin directory in PATH.
FOR /F %%x IN ('sh -c pwd') DO bash -l -i -c 'cd %%x; exec bash'