Version: (using KDE 4.2.2) Installed from: Ubuntu Packages - add a Shell profile for the Konsole taskbar applet - set workdir to a hidden file ( in my case: /home/[USER]/.wine/ ) profile is added, but opened terminal's work dir is: /home[USER]/ ...instead of /home[USER]/[.HIDDEN DIR]/ > reproduceable on my machine!
It works for me on my Kubuntu and on the latest trunk. You have to exit Konsole and restart for it to work though. Reopen if you still having issues.