Solarized is a sixteen color palette (eight monotones, eight accent colors) designed for use with terminal and gui applications. It has several unique properties. I designed this colorscheme with both precise CIELAB lightness relationships and a refined set of hues based on fixed color wheel relationships. It has been tested extensively in real world use on color calibrated displays (as well as uncalibrated/intentionally miscalibrated displays) and in a variety of lighting conditions

Best OS X terminal theme I've found so far. Using it as of 9/14/10.