I looked at the gnome-terminal menus today and discovered some strange arrangements:

1. There is a "File" menu, but gnome-terminal doesn't have to deal with files.
2. The "Terminal" menu is a collection of items that belong in the other menus.

My suggestions:

1. Rename the "File" menu to "Terminal"
2. Get rid of the old "Terminal" menu and place its entries in other menus.
The different size really belong in the View menu and the "Reset" and "Reset and Clear" in the Edit menu. The rest can be moved to the File menu (Now renamed "Terminal"). This would be consistent with gnome-calculator and cheese, who also don't deal with files.
3. One other tiny thing: The "Normal size" entry in the "View" menu could use a checkbox in front of it. So you know you're already in that state if that's the case.