Linux - change resolution in text mode on LCD screen

if you watch small about 80 chars terminal output in the middle of yours gigantic LCD screen..

you should try to change screen resolution. It depends on your distribution (Fedora, Ubuntu or Red Hat) and boot manager.
I am using Fedora Project 17 on VMWare with GRUB2.
Lets modify /etc/default/grub

#try to set native monitor resolution

GRUB_GFXMODE=1024x768

#force to keep graphic mode

GRUB_GFXPAYLOAD_LINUX=keep

Yes, that's right, modern terminals running text mode over graphic gfxterm

to apply changes lets execute

 
grub2-mkconfig -o /boot/grub2/grub.cfg

and reboot

Now you should see the text in entire screen.

Enjoy!