I've enhanced the item color (i.e. the backcolor) to support a color selector, in addition to the named colors (which I hope, one day, be able to show an icon of the correct color ):

 

 

Notice also at the end, a new entry: More Colors... It opens a nice color selector dialog:

 

 

 Also fixed, the current item color is now selected:

 

 

(in this case, the first item is selected and its color is the named color "Powder"