Rxvt is an 8-bit clean, colour xterm replacement that uses significantly less memory than a conventional xterm, mostly since it doesn't support toolkit configurability or Tek graphics, but also since features can be removed at compile-time to reflect your needs.
URL: http://www.rxvt.org Project homepage
Author: Geoff Wing <http://mason [dot] primenet [dot] com [dot] au/rxvt> [maintainer of rxvt]
Maintainer: The T2 Project <t2 [at] t2-project [dot] org>
Remark: Does cross compile (as setup and patched in T2).
Build time (on reference hardware): 10% (relative to binutils)2
Installed size (on reference hardware): 0.26 MB, 10 files
Dependencies (build time detected): 00-dirtree binutils cf coreutils diffutils findutils gawk grep groff imake libice libx11 libxau libxcb libxpm libxt linux-header make net-tools sed sysfiles tar xorgproto
Installed files (on reference hardware):
2) Compatible with Linux From Scratch's "Standard Build Unit" (SBU).