>     Anyone know of a Windows terminal program that can work at 31250
Baud?????
>
No, but here are two options.  Most any machine (pentium) nowdays is fast
enough that you can write a program to watch an input pin on the parallel
port (i.e. LPT1), and capture the stop bit and data bits at that baud rate.
 Booting with DOS would make this task easy.  The PIC applications notes
will teach you how to code it.

Second option:  get an inexpensive Com1/Com2 plug in board for the ISA bus,
and change the crystal (somewhat lower value, easy to calculate), so that
when you tell the Com port to run at 38.4 kilobits, it really runs at the
Midi baud rate.


Regards,
  Ron Fial