Right this is a Talker like when you type "lol" It will Come out with Laughing Out Loud but in color :) Hope you like Goes in new remote Script Editor > Remote > File > New then put the code in :)
Some of the stuff in your Color Talker is not needed and it\'s making it look messy i will get back with you some time and tell you some things that can be changed so you can do so or leave it like that.
Well... it all comes out with the same colour coding so black and white looks just as good. Some channels (in fact quite a number) have colour sending blocked (mode +c) so the code would not be sent. Seems quite laborious for something more like a gimmick than a snippet.