Comment 3 for bug 204854

Yes, there is something wrong with the font rendering in Gnome terminal in the latest Hardy.
Essentially, it ignores the system settings for subpixel rendering.

See the attached screenshot.

Character map is showing Monospace, 10 pt. The Font preferences show that the system's monospace font is Monospace, 10pt. Terminal is set to use the system font.

However, while character map and Appearance shows nice crisp monospace text, Gnome Terminal has it's own antialiasing. It is not displaying text the way the rest of the system does.