apps without frames

[2g]

to turn "mostly in terminal" oriented
installed fluxbox onto ubuntu
and even made toolbar disappear
so now i have nothing but wallpaper as default

1st of all
am looking for a terminal that has no frame around it
so that it can look like floating on a wallpaper(or like a hole)
and if i could take advantage of transparency it's lovely
i mean a strict skeleton one so that if other app comes behind
i want the terminal to be floating on it
too greedy?

and it would me nice if other apps could be also launched from this terminal
and that app also got rid of frames
any recommendation?
it would be great if i could watch realplayer streams in this way..

-- 
2g
http://micro.ispretty.com