I have managed to do something like this using the lookup wizard option. However this is when you are on the add record to table 1, for a field you can click select value and a window will popup showing the appropriate table (Table 2 as specified in lookup wizard), on this table 2 you can select/add a value to be put back into table 1.
However how is it possible from the list view to open a popup window to view/edit/add specific records? Instead of redirecting to the add/view/edit pages?
Thanks for the help!