As for the starr recoloring their titles, that's a big NO. When color was first mention, the idea was to use "Britty Blue" for the Cid's Knight, Silver was the color of choice for Administrators because back then. While it's not the Gold, Silver, Bronze that you wish it was, it's a lot better than White, White, White.
Oh yeah, color for custom titles would be awesome. But sadly, enabling html in the custom title area would be bad.