To clarify, the device I used was a Zolertia Z1, which is a wireless prototyping board with a MSP430 microcontroller and a rs232 to usb bridge chip, and it was connected to a PC using this usb connection.
If you think this would be an interesting line of inquiry, I actually have access to a wide range of embedded prototyping and evaluation boards for a wide range of microcontrollers as I'm now employed at an embedded compiler/ide company so I could test some devices with microcom and other terminal programs.
However I think the issue is general one so testing wouldn't really give any useful data. Microcom is/was for some reason more picky about having correct baud rate than other serial terminal programs like putty or nanocom etc.
As you probably know, these boards rarely have the special 4.13MHz(or whatever it is, it slips my mind at the moment) crystal for UART that most PCs have, so the clock used by the UART in microcontrollers usually deviate a few % from the clock in the host PC.
Best regards,
Oscar Molin