command line - Terminal emulator with split panes for Windows 7 (64 bit)

I'm looking for a terminal emulator on Windows 7 (64 bit) with a specific feature:

to be able to split the command prompt window into multiple panes.

It's a great feature of Terminator for gnome, I think this image describes it best:

Notice that every pane is a different shell with different applications

NOTE: this question is similar to another one I asked: Terminal emulator with split panes for Mac OSX, but this time I'm asking for a solution in a Windows environment

EDIT: for reference, here's more about Terminator: http://gnometerminator.blogspot.com/p/introduction.html

Answer

I just saw this mentioned in another answer, and remembered that you were looking for something like this.

PowerCmd

I just use Console2 with TCC/LE and PowerShell, myself.