aterm (AfterStep term) is an xterm replacement, based on rxvt v.2.4.8. It includes features such as NeXT style scrollbar, resource efficient pseudo-transparency. It understands root background changes by AfterStep Pager and Esetroot. The primary goal of aterm is to provide cool visual features without resource consumption. It can be compiled to utilize AfterStep's libasimage for wider image format support.
Conserver provides remote access to serial port consoles and logs all data to a central host. Local and network serial connections are supported. Server console history can be replayed from the console app even if the server is down, and multiple users can connect to a single serial connection.
Eterm is a vt102 terminal emulator intended as a replacement for xterm. It is designed with a Freedom of Choice philosophy, leaving as much power, flexibility, and freedom as possible in the hands of the user. It is designed to look good and work well, but takes a feature-rich approach rather than one of minimalism. Current features include color support, background images (all Imlib-supported formats), theme support, and pseudo-transparency.
gogetty is a tiny getty written from scratch. It'll only work with linux VCs and possibly other software terminals, as it doesn't try to perform any terminal ioctls (for example, to set baud rate). However, it is the only extant getty to correctly handle session and program group IDs, letting you use it to start an arbitrary program on another console.
Gsh is a graphical shell. It integrates a terminal window, a normal shell, and various GUI components into a single package which allows easier and more powerful operations than you can have with a shell and terminal window seperately. Gsh is already fully functional, but there are many avenues of devlopment yet to be explored.
mcl is a MUD client running in a Virtual Console under Linux or using standard TTY routines under any other UNIX. Embedded Perl or Python offer very high tweakability. Other features include huge scrollback, a stable input line with the MUD prompt, Perl regexps for actions and substitutions.