Is there a program like multitail but for Windows cmd.exe or powershell (not GUI)?

Is there a program like multitail but for Windows cmd.exe or powershell (not GUI)?

It has a GUI but is the only "ready-to-use" tool I know of with multi-log file support: tail for Win32.
Features:
A few features of Tail:
Watch multiple files in realtime
Detect keyword matches, and highlight occurences
Send mail notifications on keyword matches by SMTP or MAPI
Plugin architecture allows you to write specialised handlers
Can process files of any size on all types of drive (local or networked)
Check this question https://stackoverflow.com/questions/4426442/unix-tail-equivalent-command-in-windows-powershell, they talk about the GetFileTail function of PSCX, give it a try..