I quite like it.
I like it too, looks like alot less going on and wont kill the menu fps or console fps.
But like MaDMaN said we should have a button in the setup like:
"BackGround Settings"
"Background Colors"
"Black, white, red, pink, purple, blue, orange, green, rainbow, or a series of custom colors like: red-blue-red or red-white-pink"
Something like that maybe please, if possible. That is a good task for you guys!