only question is how fast console window can be refreshed, and some functions to print at selected X,Y position would be also usefully.
That shouldn't be your problem... every developer have to find a way by himself to fix this issue 
Nothing better to motivate a programmer

At first, I didn't think of a console demo only in ASCII, but why not, the challenge can be very interesting.
So, you're right Dreamerman, it's a lot harder to find good ideas with only ASCII

@WPShadow - Yes 6 weeks is good I think.
But when will this poll be finished? (I really have a hard time choosing), I hope you leave a message 24 hours before the closing of this poll.