Diode
The package is called Mini-Melf and yes you do see them, quite a lot in fact. However you are just as likely to see a signal diode in an SOD-323 package, depends which one your designer plopped onto first when cruising Farnell I guess.
Interesting to me as a Surface Mount Tech is that on this mixed technology board there are a bunch of SM Electrolytic's, even today they can cost quite a bit more than their PTH counterparts.