Terminator is an application that provides lots of terminals in a single window, saving valuable screen space otherwise wasted on window decorations and not quite being able to fill the screen with terminals. License: GNU General Public License v2 Changes:
This release uses a new gnome-terminal gconf key to find available profiles. A few more hard-coded items have been moved to the settings array (not that it can be overridden yet). Handling of exiting child processes has been fixed to properly track gnome-terminal settings. Ctrl-Tab and Ctrl-Shift-Tab have been added as options for switching terminals. This release no longer uses parent.show_all() when removing/adding a terminal, and instead shows the actual widgets that have been created. This prevents scroll bars from re-appearing after they have been hidden.

More...