The app 'Text My Location' is an oldie, having been on the Marketplace since early November of last year. It's a fairly basic app that finds your location and allows you to send it via SMS, Email, Twitter or Facebook. What's more, it gives you options on how to send that info: short address, full address, map link, etc., making the best of both worlds: simple yet robust. Heck, you can even edit the address if it's a bit off.
It always fetched for $0.99, which was a fair price but now it's even better: Free. We're not sure if it's a temporary change (probably) or permanent, but either way, we like it and think you should lock it for that price. There's no ads either, just a straight up smart app for telling friends where you are at this moment.
Grab it here in the Marketplace.