If the graphical emacs has been installed, emacs will run with clickable menus and lots of mouse support; in the console version you will access the menus through keystrokes, not by clicking, but all the same functionality will be there. If you are working in a virtual terminal and want to specify the emacs you launch to be the console version, launch it with emacs -nw. This is actually my favorite way, as I can run emacs in a transparent terminal with a cool background, and I don't want or like the mouse support much anyway.