The vscode-objectscript extension supports a WebSocket-based terminal that's integrated with VS Code's Terminal UI. It has some key features that the standard IRIS terminal lacks, like syntax coloring and multi-line input. However, the standard IRIS terminal supports command history and aliases that persist between sessions. The VS Code WebSocket Terminal should support these as well.
Thank you for submitting the idea. The status has been changed to "Future consideration".
Stay tuned!