Use TeraTerm – old, but in my opinion the best of the terminal emulators. Everything Hyperterminal should have been, but wasn’t. Use this for console port config and Telnet.
For SSH I use PortaPuTTY – this is PuTTY but puts the key information in a file on the same directory as the application, rather then in the registry. This means you can carry it around with you, and run it from a memory stick. So you always have your connection information close at hand.
For TeraTerm go to http://hp.vector.co.jp/authors/VA002416/teraterm.html
For PortaPuTTY go to http://www.portablefreeware.com/?id=18