By adjusting a few resource settings with the iPodWizard tool, you can now change your iPod’s font colors:

Open iPW, load your firmwire. Go to Layout, scroll down to Font Types. In that list, go down to item 24223, which is the titlebar string. Now look at the z2 tag. It should say 0xFF000000. We’re going to change that. Click on it so that the cursor goes into the hex field and highlights the first character in the series of hex, which should at the moment say 00 00 00 FF. Ignore the FF at the end, and change the first three digit series from 00 00 00 to DD 00 00. Write your iPod, eject, and look. Your titlebar text is now red!

It works with 1 bit fonts, allowing you to adjust the color, size and font face of the menu, title bar, stop watch, dates, etc.