To each their own. I will probably sooner retire from the RP scene than do it without color dialogue, as that's how I've been playing since waaay early on in my roleplaying days on the Hype. 

Infact, before the Google Docs discovery, I had a saved document full of codes for every single font (or revised font) that I've used in the UOU thus far. Comes in handy to just be able to copy/paste, though obviously there's now an easier alternative.