Customized for Fink's init.sh but if you have the deluge or deluged commands in your bash $PATH (might not respect your profile) it should work.
Here it is http://dl.getdropbox.com/u/457451/Deluge-Scripts.dmg
Deluge cannot fork to spawn deluged so if you use deluged on your mac you need to start it then connect to it. You can start deluge and deluged at the same time it won't do anything weird. The apps quit when you quit the launcher... generally unless it segfaults (shouldn't)
oh and I've been busy working on a 1.2.0 SVN support package that checks out the latest svn code and all the new deps. So when 1.2.0 is stable it'll be a quick rollout. I'll publish it once the library I packaged is accepted and I get it working for both python 2.5/2.6
1.1.8 is a priority also.
Deluge
