emacs -nw as external editor

[Eddy Mulyono <eddymulyono mail com>]

I wanted to use emacs as mc's external editor. But I prefer having the 
non-X interface that is invoked with "-nw".
I have managed to change my EDITOR to "/usr/bin/emacs -nw", since `echo 
${EDITOR}` gives me "/usr/bin/emacs -nw".
When i started mc, and tried to invoke the editor with [F4], emacs is 
not executed. mc appeared to try to execute it (similar effect achieved 
when pressing C-o), and the cursor goes to top-left of the terminal 
(0,0), but it immediately returns to mc's panels.
Note that without the -nw switch, mc was able to invoke emacs. So I 
guess the -nw switch breaks things... :p
Any suggestions?

Thanx in advance,

-Eddy
mc-4.6.0
gnome-terminal-2.4.2
emacs-21.3.1
gentoo-dev-sources-2.6.0-r1