I used to be a big fan of conemu back when Windows had no terminal support and "console emulation" was the best that could be done. But what advantages does this have over Windows Terminal these days?
Not sure about ConEmu itself, but Cmder (which uses ConEmu behind the scenes) offers a Quake-style dropdown terminal, and this is reason enough for me :)
(If you're on Linux, there's also guake, which I used to use)