UPDATED: Add from Amazon MP3 Folder v1.1
Add from Amazon MP3 Folder v1.1 will display the Album folders in your designated "Amazon MP3" downloads folder so you can select which of them to add to iTunes. Optionally, if you allow iTunes to "Copy files to iTunes Music folder when adding to library", you can choose to move the original folder and files out of the "Amazon MP3" download folder and to the Trash. Saves a few keystrokes. This newest version runs as an application since the compiled version would often generate an error at startup.
Although the Amazon MP3 Downloader application has a preference to add downloaded purchases to iTunes, I could never get it to work.