Nice link ilja
The problem here is that the splash image used on FC2 is dark blue and the highlight bar is black making it very difficult to see which option is selected - not very well thought out whoever came up with this one
Like ilja linked to, the easiest solution is to change the splashscreen image to something lighter. A very quick solution is to grab the splashscreen image from FC1 and use that as it is a light blue splash image and the black highlight bar now shows up better
The file you want is /boot/grub/splash.xpm.gz.
It can be called anything, just change the name as appropriate in /boot/grub/menu.lst
Ned