I noticed that iTerm2 offers the very convenient feature of using \"Option key as +ESC\" (or as meta, but apparently that\'s obsolete).
I tried them both and the op
I left my option key to act as Normal and discovered that Vim saw them as <T- bindings. So, for example, I have this mapping setup in my .vimrc to move to the end of a word when in Insert mode:
noremap! <T-Right> <C-o><Right>;
I've downloaded the latest iTerm2 and tried to see what it sent to/what was printed by Vim (i<C-v><M-a>) with the following settings:
Option as Option:
Vim prints æ which is normal and expected on my french keyboard
Option as Meta:
Vim stays there, waiting for something to happen. Nothing is printed. If I press Option and a in sequence I just obtain a. Pressing Option and a in some random order may print á, which is weird and totally unexpected.
Option as +ESC:
Vim prints ^[a which means "Escape character followed by the character a".
From these tests it appears that Vim will never ever receive <M-> without some hypothetical black magic.
If you stick with "Option as +ESC", it seems that you will have to change all your custom <M-something> mappings to <Esc>something. This may work but it will make writing any kind of prose in any non-english language a pain.
What I do: I leave the Option key as it is so that I can type characters like œ…«» easily and I use <Leader> (mapped to ,, see :help mapleader) for all my custom mappings.
Some people here like to reserve it for plugins and advocate a somewhat simpler and potentially safer approach.
inoremap <leader>, <C-x><C-o> "my way (copied elsewhere)
inoremap ,, <C-x><C-o> "another way