Hello, attached is a patch for bug#1469 (term.el regression when dealing 
with long lines under bash).

* term.el (term-emulate-terminal): Decode substring just prior to 
inserting it.  (Bug#1469)

bug#1469 was introduced while fixing bug#1006.  I verified this patch 
against the repro steps in bug#1006 to make sure I haven't made a 
regression.

Can someone please review?  I'd appreciate any feedback.

-- Nicholas