However, i was wondering, is there any way i could customize the text? like for example - make certain part of the text a different colour? make links from some words etc?
yes it’s very possible.
Make sure html is enabled for your textbox.
and you can add html commands to your textfile.
for example:
a new line would be “< b r >” without the spaces
and font color… should be
< font color="#FFFFFF" >your text here< /font >
and again… without the spaces… so you can use standard html commands.