That was also the thing that destroyed it for me, since navigating between history entries started getting more and more unreliable and sometimes clicking on the input box would randomly resize the entire window or move it between screens. I don't entirely know how they managed that one.
To be more specific about what I was saying, on Mac, in any standard text field I can hold Cmd and hit left or right to jump to the start or end of a line, or hold Option to jump a word at a time, and if I hold shift it'll select text. Option-delete deletes the last word, etc.
I've managed to get iTerm2 to do a lot of this stuff but, for example, Option-shift-left, instead of highlighting the last word, spits out the text ";4D"