I've messed around with pretty much all the fancy new terms to varying extents. Ghostty, wezterm, alacritty, etc. And I'm all in favour of people innovating in this space again. But at the end of the day, I always end up back with xterm. It's reasonably lightweight, runs and is packaged absolutely everywhere, I never have to muck about with termcap files and/or $TERM on remote hosts, and I've never had it break, crash, or exhibit any kind of bug or strange behaviour in over a decade of using it. The only TUI that has some quirks in xterm is Emacs, but Emacs has weird quirks in every term I've tried to run it in, and different quirks in every case somehow, so I just chalk that up to Emacs being weird. I'm sure xterm has some bugs buried in it still, but I bet all of them are in codepaths that are almost never reached nowadays, or at least are extremely niche. It does lack some features like ligature fonts(I just decided not to care), sixels and similar graphics things(again, don't really care) and panes/tabs/yadda yadda(tmux or screen or whatever you like can do all of that anyway).

Never had to dig through the xterm bug tracker to figure something out. I don't even know what version I'm running, or even what the versioning scheme looks like. I haven't changed the configuration since the first time I set it up. It just works.