On many systems even today, you can also insert ANSI color codes (16 colors, foreground and background, and some special features like bold and underline, like in the late 8-bit or early 16-bit era, and exactly like classic Unix terminals over telnet) or xterm color (more than 200). Can’t get more authentically retro than that. The Linux console supports those codes natively, and I think the OSX terminal does too. ETA: And so does Windows, through a non-standard API.