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Just tried this out and all I can say is WOW. Extremely fast, responsive and more eye candy than any other terminal emulator I've seen. Could this be the year of the E17 desktop?

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I've never understood why Ubuntu takes a couple seconds to open a terminal window. I don't have a fast computer, but... it's a terminal window.

Could it be your .rc files?

.rc files are default. Unless the defaults are what make it slow?

Or your .bash_history might be very large.

Try some lightweight terminal like sakura (my current preference) :)

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