Microsoft states that it is not possible to change the icon font color in Windows 7. This is not entirely true. It IS possible using a 3rd party program (Iconoid 3.8.6). You must first turn off the drop shadow effect in order to use this program, but the effect is to give control of this parameter back to the computer owner.
I understand Microsofts reasoning in doing what they did with this font color option, but to say that it is not possible to accomplish a color change is just flat out wrong. Further, if MS wanted to they could have easily left this option available to their users, but as we all know, Microsoft knows best