I have just set up my home lab and tried to connect to the Routers and Switches via the Console cable via Hyperterminal. I switched on the devices and I was able to get some output. Unfortunatly I was not able to type any input.
So I searched and searched and searched on the internet and I could not find any information. I tested the cable via a cable tester and it was fine. The ethernet cable connected into a terminal serial adapter.
I gave up on trying and bought a Cisco certified cable that was the ethernet hard wired into the serial connecter.
Lo and Behold!!! It worked! I just wanted to share that with everyone so they dont have to suffer as much as I did finding the answer to the problem.
If anyone needs help setting up a home lab, please ask me. It took me ages and ages to finally figure everything out, but thankfully I am on my feet now. I would be glad to guide others from the silly mistakes i did.