I\'ve been googling around trying to figure out if it\'s possible to use my mouse wheel to scroll while inside Vim in Mac\'s Terminal, with no luck. It seems as if only X11
http://bitheap.org/mouseterm/
Use MouseTerm (and do make sure to install SIMBL first!) and scrolling will work like a charm, even remote, using Mac Terminal.
You need to fully quit the Terminal application (Command+Q) and then launch it again after installing MouseTerm.