I'm running the IPV6 snapshots… I did try from console, Mac (Terminal) and Windows (puTTY)... and I was quite frustrated when I originally posted...
2.0-RC1-IPv6 (i386)
built on Fri Apr 8 18:33:38 EDT 2011
I just tested "o" and it works just like it should, "i" on the other hand doesn't, it will either capitalize the first letter of the line, or randomly jump around.
Either way, its not a big deal, my problems have been solved. :)